220 Swanson Rd UNIT 605BoxboroMA01719
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 220 Swanson Rd UNIT 605, Boxboro, MA, 01719 in Boxboro, $225,000, 8.33% gross yield, $144/mo net income. Consider it a market-entry position, the $1,562/mo rent covers the $1,012/mo payment with a margin, and 5%/yr appreciation is projected to add $62,163 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.54) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $94,716.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.2% |
| Monthly Cash Flow | $144 | $450 |
City averages based on Boxboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,562 |
| Total Monthly Debt Service | $1,329 |
| DSCR Ratio | 1.18x |
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 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01719, Boxborough, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,397 (100%) |
| Owner Occupied HU | 1,577 (65.8%) |
| Renter Occupied HU | 718 (30.0%) |
| Vacant Housing Units | 102 ( 4.3%) |
| Median Home Value | $791,088 |
| Average Home Value | $783,973 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
1,834
Multi-Family
535
Businesses
169
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 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01719, Boxborough, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,397 (100%) |
| Owner Occupied HU | 1,577 (65.8%) |
| Renter Occupied HU | 718 (30.0%) |
| Vacant Housing Units | 102 ( 4.3%) |
| Median Home Value | $791,088 |
| Average Home Value | $783,973 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
1,834
Multi-Family
535
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sean Quinlan • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73449466