19 Smith AveWareMA01082
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 19 Smith Ave, Ware, MA, 01082 in Ware at $215,000 earns $1,475/mo in rent and nets $120/mo after the $967/mo payment, a 8.23% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $59,401 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $1,980/yr in principal paydown, total projected return reaches $89,380.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.8% |
| Monthly Cash Flow | $120 | $350 |
City averages based on Ware market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,475 |
| Total Monthly Debt Service | $1,270 |
| 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 1890
3,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01082, Ware, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,249 (100%) |
| Owner Occupied HU | 3,174 (60.5%) |
| Renter Occupied HU | 1,621 (30.9%) |
| Vacant Housing Units | 454 ( 8.6%) |
| Median Home Value | $338,387 |
| Average Home Value | $406,408 |
Housing Distribution
Address Breakdown
Residential
4,596
Single Family
4,504
Multi-Family
92
Businesses
292
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 1890
3,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01082, Ware, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,249 (100%) |
| Owner Occupied HU | 3,174 (60.5%) |
| Renter Occupied HU | 1,621 (30.9%) |
| Vacant Housing Units | 454 ( 8.6%) |
| Median Home Value | $338,387 |
| Average Home Value | $406,408 |
Housing Distribution
Address Breakdown
Residential
4,596
Single Family
4,504
Multi-Family
92
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73484401