231 W Main StGeorgetownMA01833
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Georgetown rentals match the income profile of 231 W Main St, Georgetown, MA, 01833. Listed at $500,000, gross rent is $4,313/mo and net cash flow is $1,161/mo, a 10.35% yield well above national averages. DSCR 1.92 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $138,141 by year five with $4,605/yr in annual principal reduction, projecting $264,603 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.0% |
| Monthly Cash Flow | $1,161 | $400 |
City averages based on Georgetown 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 | $4,313 |
| Total Monthly Debt Service | $2,952 |
| DSCR Ratio | 1.46x |
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
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01833, Georgetown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 2,592 (82.5%) |
| Renter Occupied HU | 485 (15.4%) |
| Vacant Housing Units | 64 ( 2.0%) |
| Median Home Value | $678,311 |
| Average Home Value | $739,410 |
Housing Distribution
Address Breakdown
Residential
3,138
Single Family
3,019
Multi-Family
119
Businesses
256
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
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01833, Georgetown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 2,592 (82.5%) |
| Renter Occupied HU | 485 (15.4%) |
| Vacant Housing Units | 64 ( 2.0%) |
| Median Home Value | $678,311 |
| Average Home Value | $739,410 |
Housing Distribution
Address Breakdown
Residential
3,138
Single Family
3,019
Multi-Family
119
Businesses
256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Anne Martinson • Churchill Properties
Mls Name: MLS PIN
Mls ID: #73370699