1603 Irving Rd UNIT 1603RandolphMA02368
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1603 Irving Rd UNIT 1603, Randolph, MA, 02368 in Randolph is a top-tier cash-flow asset. At $475,000 it produces $4,218/mo in rent and $1,224/mo in net monthly income, a 10.66% gross rental yield. The DSCR of 1.97 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $14,690. Five-year appreciation adds $131,234, driving a total cumulative return of $259,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.2% |
| Monthly Cash Flow | $1,224 | $250 |
City averages based on Randolph market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,218 |
| Total Monthly Debt Service | $2,805 |
| DSCR Ratio | 1.50x |
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.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02368, Randolph, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,904 (100%) |
| Owner Occupied HU | 8,426 (65.3%) |
| Renter Occupied HU | 4,083 (31.6%) |
| Vacant Housing Units | 395 ( 3.1%) |
| Median Home Value | $574,952 |
| Average Home Value | $620,305 |
Housing Distribution
Address Breakdown
Residential
12,492
Single Family
9,803
Multi-Family
2,689
Businesses
825
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
Townhouse
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02368, Randolph, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,904 (100%) |
| Owner Occupied HU | 8,426 (65.3%) |
| Renter Occupied HU | 4,083 (31.6%) |
| Vacant Housing Units | 395 ( 3.1%) |
| Median Home Value | $574,952 |
| Average Home Value | $620,305 |
Housing Distribution
Address Breakdown
Residential
12,492
Single Family
9,803
Multi-Family
2,689
Businesses
825
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roy Mazraani • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73425751