16 Summit AveSturbridgeMA01518
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 16 Summit Ave, Sturbridge, MA, 01518 in Sturbridge deserves attention. This $547,000 property earns $4,673/mo in rent, a 10.25% gross yield, and nets $1,225/mo after the $2,460/mo payment. DSCR 1.90 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $151,126 compounds alongside $5,038/yr in yearly equity build, for a total cumulative return of $286,529.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.0% |
| Monthly Cash Flow | $1,225 | $350 |
City averages based on Sturbridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,673 |
| Total Monthly Debt Service | $3,230 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1800
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01518, Fiskdale, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,401 (100%) |
| Owner Occupied HU | 984 (70.2%) |
| Renter Occupied HU | 287 (20.5%) |
| Vacant Housing Units | 130 ( 9.3%) |
| Median Home Value | $498,872 |
| Average Home Value | $570,592 |
Housing Distribution
Address Breakdown
Residential
1,271
Single Family
1,055
Multi-Family
216
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1800
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01518, Fiskdale, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,401 (100%) |
| Owner Occupied HU | 984 (70.2%) |
| Renter Occupied HU | 287 (20.5%) |
| Vacant Housing Units | 130 ( 9.3%) |
| Median Home Value | $498,872 |
| Average Home Value | $570,592 |
Housing Distribution
Address Breakdown
Residential
1,271
Single Family
1,055
Multi-Family
216
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Lachapelle Group • Compass
Mls Name: MLS PIN
Mls ID: #73458931