244 Mendon StBlackstoneMA01504
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 244 Mendon St, Blackstone, MA, 01504 in Blackstone deserves attention. This $645,000 property earns $6,074/mo in rent, a 11.3% gross yield, and nets $2,009/mo after the $2,900/mo payment. DSCR 2.09 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $178,202 compounds alongside $5,941/yr in yearly equity build, for a total cumulative return of $374,185.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 7.0% |
| Monthly Cash Flow | $2,009 | $400 |
City averages based on Blackstone market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,074 |
| Total Monthly Debt Service | $3,809 |
| DSCR Ratio | 1.59x |
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 1985
2.00 Acres lot
$N/A/sqft
No HOA
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 1985
2.00 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wayne Taylor Moreno • Winder Realty, LLC
Mls Name: MLS PIN
Mls ID: #73432830