227 W Elm St APT 3BrocktonMA02301
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 227 W Elm St APT 3, Brockton, MA, 02301 in Brockton at $242,500 earns $1,631/mo in rent and nets $103/mo after the $1,090/mo payment, a 8.07% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $66,998 over five years. Ziffy Mortgage underwrites this on a 1.50 DSCR without U.S. credit history. With $2,233/yr in principal paydown, total projected return reaches $98,723.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 4.8% |
| Monthly Cash Flow | $103 | $1,850 |
City averages based on Brockton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,631 |
| Total Monthly Debt Service | $1,432 |
| DSCR Ratio | 1.14x |
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 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02301, Brockton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,146 (100%) |
| Owner Occupied HU | 11,769 (45.0%) |
| Renter Occupied HU | 13,227 (50.6%) |
| Vacant Housing Units | 1,150 ( 4.4%) |
| Median Home Value | $473,074 |
| Average Home Value | $543,042 |
Housing Distribution
Address Breakdown
Residential
23,318
Single Family
18,636
Multi-Family
4,682
Businesses
2,110
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 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02301, Brockton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,146 (100%) |
| Owner Occupied HU | 11,769 (45.0%) |
| Renter Occupied HU | 13,227 (50.6%) |
| Vacant Housing Units | 1,150 ( 4.4%) |
| Median Home Value | $473,074 |
| Average Home Value | $543,042 |
Housing Distribution
Address Breakdown
Residential
23,318
Single Family
18,636
Multi-Family
4,682
Businesses
2,110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janet Teal • eXp Realty
Mls Name: MLS PIN
Mls ID: #73423417