31 North RdChesterfieldMA01012
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 31 North Rd, Chesterfield, MA, 01012 in Chesterfield. Rental yield 2.72%. At $1,950,000 with 2.72% gross yield, current distributions are modest, but the 5% appreciation rate projects $538,749 in new equity by year five, complemented by $17,960/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.50) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $233,661.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.7% | 5.5% |
| Monthly Cash Flow | $(7,875) | $350 |
City averages based on Chesterfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,416 |
| Total Monthly Debt Service | $11,515 |
| DSCR Ratio | 0.38x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1995
55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01012, Chesterfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 297 (100%) |
| Owner Occupied HU | 251 (84.5%) |
| Renter Occupied HU | 24 ( 8.1%) |
| Vacant Housing Units | 22 ( 7.4%) |
| Median Home Value | $471,277 |
| Average Home Value | $479,004 |
Housing Distribution
Address Breakdown
Residential
86
Single Family
86
Multi-Family
0
Businesses
25
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 1995
55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01012, Chesterfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 297 (100%) |
| Owner Occupied HU | 251 (84.5%) |
| Renter Occupied HU | 24 ( 8.1%) |
| Vacant Housing Units | 22 ( 7.4%) |
| Median Home Value | $471,277 |
| Average Home Value | $479,004 |
Housing Distribution
Address Breakdown
Residential
86
Single Family
86
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharron Cochran • Equine Homes Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73420042