168 Blackinton RdNew SalemMA01355
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 168 Blackinton Rd, New Salem, MA, 01355 in New Salem: $2,942/mo in rent, $245/mo in net income, 8.31% gross yield, 1.54 DSCR, all at $425,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $117,420 in appreciation and $3,914/yr in principal paydown projects total cumulative return of $177,203.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.2% |
| Monthly Cash Flow | $245 | $1,200 |
City averages based on New Salem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,942 |
| Total Monthly Debt Service | $2,529 |
| DSCR Ratio | 1.16x |
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 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01355, New Salem, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 330 (82.5%) |
| Renter Occupied HU | 40 ( 10.0%) |
| Vacant Housing Units | 30 ( 7.5%) |
| Median Home Value | $389,063 |
| Average Home Value | $430,742 |
Housing Distribution
Address Breakdown
Residential
396
Single Family
396
Multi-Family
0
Businesses
19
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 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01355, New Salem, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 330 (82.5%) |
| Renter Occupied HU | 40 ( 10.0%) |
| Vacant Housing Units | 30 ( 7.5%) |
| Median Home Value | $389,063 |
| Average Home Value | $430,742 |
Housing Distribution
Address Breakdown
Residential
396
Single Family
396
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices