2701 Simmons Rd #2701SIMMiddleboroMA02346
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2701 Simmons Rd #2701SIM, Middleboro, MA, 02346 in Middleboro. At $376,500 it earns $2,730/mo in rent and distributes $357/mo to the owner after the $1,693/mo payment, a consistent 8.7% yield. DSCR 1.61 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $104,020 in value; $3,468/yr in principal paydown compounds ownership stake. Total projected return: $165,933.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.2% |
| Monthly Cash Flow | $357 | $800 |
City averages based on Middleboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,730 |
| Total Monthly Debt Service | $2,223 |
| DSCR Ratio | 1.23x |
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.
Manufactured
Built in 2004
N/A 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
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Crocetta • Hometown America, a Manufactured Home Dealer
Mls Name: My State MLS
Mls ID: #11633219