23 Schofield Rd #23KingstonMA02364
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 23 Schofield Rd #23, Kingston, MA, 02364 in Kingston. Priced at $339,000, it generates $3,240/mo in gross rent and $743/mo in net monthly cash flow, a 11.47% yield that comfortably supports the 2.13 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,920. Five-year appreciation: $93,659. Equity from principal paydown: $3,122/yr. Total projected cumulative return: $199,747.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 5.0% |
| Monthly Cash Flow | $743 | $8,000 |
City averages based on Kingston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,240 |
| Total Monthly Debt Service | $2,002 |
| DSCR Ratio | 1.62x |
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.
Townhouse
Built in 1985
1 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02364, Kingston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,809 (100%) |
| Owner Occupied HU | 4,414 (76.0%) |
| Renter Occupied HU | 1,083 (18.6%) |
| Vacant Housing Units | 312 ( 5.4%) |
| Median Home Value | $677,441 |
| Average Home Value | $725,929 |
Housing Distribution
Address Breakdown
Residential
5,478
Single Family
4,994
Multi-Family
484
Businesses
486
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
Townhouse
Built in 1985
1 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02364, Kingston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,809 (100%) |
| Owner Occupied HU | 4,414 (76.0%) |
| Renter Occupied HU | 1,083 (18.6%) |
| Vacant Housing Units | 312 ( 5.4%) |
| Median Home Value | $677,441 |
| Average Home Value | $725,929 |
Housing Distribution
Address Breakdown
Residential
5,478
Single Family
4,994
Multi-Family
484
Businesses
486
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73488859