17 Andover St #1GeorgetownMA01833
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow17 Andover St #1, Georgetown, MA, 01833 in Georgetown is a solid income-producing rental, 11% gross yield, $2,291/mo rent, $466/mo net cash flow on a $249,900 buy. DSCR 2.04 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $69,043 and $2,302/yr in principal reduction project a total cumulative return of $125,981.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 5.0% |
| Monthly Cash Flow | $466 | $400 |
City averages based on Georgetown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,291 |
| Total Monthly Debt Service | $1,726 |
| DSCR Ratio | 1.33x |
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.
Condo
Built in 1810
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01833, Georgetown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 2,592 (82.5%) |
| Renter Occupied HU | 485 (15.4%) |
| Vacant Housing Units | 64 ( 2.0%) |
| Median Home Value | $678,311 |
| Average Home Value | $739,410 |
Housing Distribution
Address Breakdown
Residential
3,138
Single Family
3,019
Multi-Family
119
Businesses
256
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
Condo
Built in 1810
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01833, Georgetown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 2,592 (82.5%) |
| Renter Occupied HU | 485 (15.4%) |
| Vacant Housing Units | 64 ( 2.0%) |
| Median Home Value | $678,311 |
| Average Home Value | $739,410 |
Housing Distribution
Address Breakdown
Residential
3,138
Single Family
3,019
Multi-Family
119
Businesses
256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices