191 Lumber StHopkintonMA01748
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 191 Lumber St, Hopkinton, MA, 01748 in Hopkinton. Rental yield 3.65%. At $1,539,900 with 3.65% gross yield, current distributions are modest, but the 5% appreciation rate projects $425,446 in new equity by year five, complemented by $14,183/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.68) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $261,559.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.7% | 4.5% |
| Monthly Cash Flow | $(5,022) | $600 |
City averages based on Hopkinton 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 | $4,684 |
| Total Monthly Debt Service | $9,093 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2020
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01748, Hopkinton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,908 (100%) |
| Owner Occupied HU | 5,510 (79.8%) |
| Renter Occupied HU | 1,127 (16.3%) |
| Vacant Housing Units | 271 ( 3.9%) |
| Median Home Value | $865,118 |
| Average Home Value | $944,601 |
Housing Distribution
Address Breakdown
Residential
7,020
Single Family
6,580
Multi-Family
440
Businesses
564
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 2020
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01748, Hopkinton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,908 (100%) |
| Owner Occupied HU | 5,510 (79.8%) |
| Renter Occupied HU | 1,127 (16.3%) |
| Vacant Housing Units | 271 ( 3.9%) |
| Median Home Value | $865,118 |
| Average Home Value | $944,601 |
Housing Distribution
Address Breakdown
Residential
7,020
Single Family
6,580
Multi-Family
440
Businesses
564
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73518577