294 E Main StEast BrookfieldMA01515
INVESTMENT ANALYSIS
Investment Verdict
Solid Income294 E Main St, East Brookfield, MA, 01515 in East Brookfield is a solid income-producing rental, 8.85% gross yield, $3,871/mo rent, $562/mo net cash flow on a $619,000 buy. DSCR 1.39 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $171,018 and $5,701/yr in principal reduction project a total cumulative return of $233,119.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.0% |
| Monthly Cash Flow | $562 | $300 |
City averages based on East Brookfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,871 |
| Total Monthly Debt Service | $3,655 |
| DSCR Ratio | 1.06x |
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.
Multi Family
Built in 1900
4,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01515, East Brookfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 811 (78.0%) |
| Renter Occupied HU | 129 (12.4%) |
| Vacant Housing Units | 100 ( 9.6%) |
| Median Home Value | $480,134 |
| Average Home Value | $677,888 |
Housing Distribution
Address Breakdown
Residential
727
Single Family
727
Multi-Family
0
Businesses
59
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
Multi Family
Built in 1900
4,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01515, East Brookfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 811 (78.0%) |
| Renter Occupied HU | 129 (12.4%) |
| Vacant Housing Units | 100 ( 9.6%) |
| Median Home Value | $480,134 |
| Average Home Value | $677,888 |
Housing Distribution
Address Breakdown
Residential
727
Single Family
727
Multi-Family
0
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cliff Leinonen & Cindy Leinonen Team • Houseworks Realty
Mls Name: MLS PIN
Mls ID: #73399673