18 Harbor Hill DriveBourneMA02532
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Bourne rental at 18 Harbor Hill Drive, Bourne, MA, 02532 sits in the solid-income band: 10.44% gross yield, $3,632/mo rent, $358/mo net after the $1,877/mo debt service, DSCR 1.94. Entry price of $417,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $115,348 and $3,845/yr in principal reduction bring total cumulative return to $184,400.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.5% |
| Monthly Cash Flow | $358 | $850 |
City averages based on Bourne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,632 |
| Total Monthly Debt Service | $3,108 |
| DSCR Ratio | 1.17x |
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 1986
N/A lot
$N/A/sqft
$643 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02532, Buzzards Bay, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,233 (100%) |
| Owner Occupied HU | 4,416 (61.1%) |
| Renter Occupied HU | 1,364 (18.9%) |
| Vacant Housing Units | 1,453 (20.1%) |
| Median Home Value | $628,945 |
| Average Home Value | $708,381 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
5,812
Multi-Family
407
Businesses
479
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 1986
N/A lot
$N/A/sqft
$643 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02532, Buzzards Bay, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,233 (100%) |
| Owner Occupied HU | 4,416 (61.1%) |
| Renter Occupied HU | 1,364 (18.9%) |
| Vacant Housing Units | 1,453 (20.1%) |
| Median Home Value | $628,945 |
| Average Home Value | $708,381 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
5,812
Multi-Family
407
Businesses
479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra L O'Connor • Sandra O'Connor
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22502828
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