23 Morgan StGranbyMA01033
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 23 Morgan St, Granby, MA, 01033 in Granby at $785,000, 5.91% gross yield, is a market-growth asset. Rental yield 5.91%. The $3,868/mo rent partially funds the $3,530/mo debt service; the core return is the 5%/yr price growth projected to add $216,881 over five years. Ziffy Mortgage's DSCR mortgage (1.10) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $228,578.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 7.0% |
| Monthly Cash Flow | $(1,080) | $350 |
City averages based on Granby market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,868 |
| Total Monthly Debt Service | $4,635 |
| DSCR Ratio | 0.83x |
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 2022
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01033, Granby, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,544 (100%) |
| Owner Occupied HU | 2,124 (83.5%) |
| Renter Occupied HU | 321 (12.6%) |
| Vacant Housing Units | 99 ( 3.9%) |
| Median Home Value | $458,609 |
| Average Home Value | $499,001 |
Housing Distribution
Address Breakdown
Residential
2,400
Single Family
2,388
Multi-Family
12
Businesses
173
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 2022
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01033, Granby, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,544 (100%) |
| Owner Occupied HU | 2,124 (83.5%) |
| Renter Occupied HU | 321 (12.6%) |
| Vacant Housing Units | 99 ( 3.9%) |
| Median Home Value | $458,609 |
| Average Home Value | $499,001 |
Housing Distribution
Address Breakdown
Residential
2,400
Single Family
2,388
Multi-Family
12
Businesses
173
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stiles & Dunn • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73478291