19 Padden RdFranklinMA02038
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 19 Padden Rd, Franklin, MA, 02038 in Franklin. At $874,900 it earns $5,828/mo in rent and distributes $314/mo to the owner after the $3,934/mo payment, a consistent 7.99% yield. DSCR 1.48 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $241,719 in value; $8,058/yr in principal paydown compounds ownership stake. Total projected return: $352,370.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 7.1% |
| Monthly Cash Flow | $314 | $850 |
City averages based on Franklin market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $5,828 |
| Total Monthly Debt Service | $5,166 |
| DSCR Ratio | 1.13x |
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 1998
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02038, Franklin, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,032 (100%) |
| Owner Occupied HU | 9,506 (72.9%) |
| Renter Occupied HU | 3,041 (23.3%) |
| Vacant Housing Units | 485 ( 3.7%) |
| Median Home Value | $666,126 |
| Average Home Value | $703,465 |
Housing Distribution
Address Breakdown
Residential
12,677
Single Family
10,723
Multi-Family
1,954
Businesses
935
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 1998
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02038, Franklin, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,032 (100%) |
| Owner Occupied HU | 9,506 (72.9%) |
| Renter Occupied HU | 3,041 (23.3%) |
| Vacant Housing Units | 485 ( 3.7%) |
| Median Home Value | $666,126 |
| Average Home Value | $703,465 |
Housing Distribution
Address Breakdown
Residential
12,677
Single Family
10,723
Multi-Family
1,954
Businesses
935
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73548634