191 Summer StRocklandMA02370
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 191 Summer St, Rockland, MA, 02370 in Rockland delivers $3,743/mo in gross rent and $403/mo in net monthly income at a $529,900 entry. The 8.48% yield and 1.57 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $146,402 over five years and $4,880/yr in equity from loan paydown, total projected return is $227,129.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.0% |
| Monthly Cash Flow | $403 | $800 |
City averages based on Rockland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,743 |
| Total Monthly Debt Service | $3,129 |
| DSCR Ratio | 1.20x |
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 1986
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02370, Rockland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 5,242 (71.4%) |
| Renter Occupied HU | 1,853 (25.3%) |
| Vacant Housing Units | 243 ( 3.3%) |
| Median Home Value | $562,590 |
| Average Home Value | $626,963 |
Housing Distribution
Address Breakdown
Residential
7,162
Single Family
6,596
Multi-Family
566
Businesses
629
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 1986
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02370, Rockland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 5,242 (71.4%) |
| Renter Occupied HU | 1,853 (25.3%) |
| Vacant Housing Units | 243 ( 3.3%) |
| Median Home Value | $562,590 |
| Average Home Value | $626,963 |
Housing Distribution
Address Breakdown
Residential
7,162
Single Family
6,596
Multi-Family
566
Businesses
629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73484988