23 S Mill River RdSouth DeerfieldMA01373
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis South Deerfield rental at 23 S Mill River Rd, South Deerfield, MA, 01373 sits in the solid-income band: 8.78% gross yield, $4,205/mo rent, $581/mo net after the $2,586/mo debt service, DSCR 1.63. Entry price of $575,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $158,862 and $5,296/yr in principal reduction bring total cumulative return to $255,703.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 5.0% |
| Monthly Cash Flow | $581 | $300 |
City averages based on South Deerfield market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,205 |
| Total Monthly Debt Service | $3,395 |
| DSCR Ratio | 1.24x |
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 1900
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01373, South Deerfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,356 (100%) |
| Owner Occupied HU | 1,743 (74.0%) |
| Renter Occupied HU | 473 (20.1%) |
| Vacant Housing Units | 140 ( 5.9%) |
| Median Home Value | $474,630 |
| Average Home Value | $576,520 |
Housing Distribution
Address Breakdown
Residential
2,048
Single Family
2,030
Multi-Family
18
Businesses
259
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 1900
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01373, South Deerfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,356 (100%) |
| Owner Occupied HU | 1,743 (74.0%) |
| Renter Occupied HU | 473 (20.1%) |
| Vacant Housing Units | 140 ( 5.9%) |
| Median Home Value | $474,630 |
| Average Home Value | $576,520 |
Housing Distribution
Address Breakdown
Residential
2,048
Single Family
2,030
Multi-Family
18
Businesses
259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73504973