2345 Swamp RdRichmondMA01254
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2345 Swamp Rd, Richmond, MA, 01254 in Richmond deserves attention. This $845,000 property earns $8,002/mo in rent, a 11.36% gross yield, and nets $2,676/mo after the $3,800/mo payment. DSCR 2.11 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $233,458 compounds alongside $7,783/yr in yearly equity build, for a total cumulative return of $492,996.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 7.0% |
| Monthly Cash Flow | $2,676 | $400 |
City averages based on Richmond market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,002 |
| Total Monthly Debt Service | $4,990 |
| DSCR Ratio | 1.60x |
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 1989
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01254, Richmond, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 526 (100%) |
| Owner Occupied HU | 364 (69.2%) |
| Renter Occupied HU | 37 ( 7.0%) |
| Vacant Housing Units | 125 (23.8%) |
| Median Home Value | $657,767 |
| Average Home Value | $730,151 |
Housing Distribution
Address Breakdown
Residential
409
Single Family
409
Multi-Family
0
Businesses
33
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 1989
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01254, Richmond, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 526 (100%) |
| Owner Occupied HU | 364 (69.2%) |
| Renter Occupied HU | 37 ( 7.0%) |
| Vacant Housing Units | 125 (23.8%) |
| Median Home Value | $657,767 |
| Average Home Value | $730,151 |
Housing Distribution
Address Breakdown
Residential
409
Single Family
409
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elle Villetto • WILLIAM PITT SOTHEBY'S - LENOX
Mls Name: BCMLS
Mls ID: #246495