23 Lilac AveBellinghamMA02019
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 23 Lilac Ave, Bellingham, MA, 02019 in Bellingham. Rental yield 7.56%. The 1.40 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $223,760 and $7,459/yr in principal reduction project total return of $305,706.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.8% |
| Monthly Cash Flow | $(30) | $850 |
City averages based on Bellingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,100 |
| Total Monthly Debt Service | $4,807 |
| DSCR Ratio | 1.06x |
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 2025
10,700 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02019, Bellingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,025 (100%) |
| Owner Occupied HU | 5,643 (80.3%) |
| Renter Occupied HU | 1,183 (16.8%) |
| Vacant Housing Units | 199 ( 2.8%) |
| Median Home Value | $551,091 |
| Average Home Value | $735,060 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,450
Multi-Family
472
Businesses
541
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 2025
10,700 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02019, Bellingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,025 (100%) |
| Owner Occupied HU | 5,643 (80.3%) |
| Renter Occupied HU | 1,183 (16.8%) |
| Vacant Housing Units | 199 ( 2.8%) |
| Median Home Value | $551,091 |
| Average Home Value | $735,060 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,450
Multi-Family
472
Businesses
541
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices