32 Carleton Street UNIT 32OnsetMA02558
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 32 Carleton Street UNIT 32, Onset, MA, 02558 in Onset is narrow, $159/mo net on $3,696/mo rent after the $2,064/mo debt service, but the property operates at break-even-plus, not a loss. At $459,000 with a 9.66% yield, the long-run equity case via 5% appreciation ($126,813 over five years) and $4,227/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.79 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $225,952.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.0% |
| Monthly Cash Flow | $159 | $350 |
City averages based on Onset market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,696 |
| Total Monthly Debt Service | $2,710 |
| DSCR Ratio | 1.36x |
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.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02558, Onset, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,714 (100%) |
| Owner Occupied HU | 719 (41.9%) |
| Renter Occupied HU | 340 (19.8%) |
| Vacant Housing Units | 655 (38.2%) |
| Median Home Value | $459,578 |
| Average Home Value | $517,194 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
52
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
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02558, Onset, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,714 (100%) |
| Owner Occupied HU | 719 (41.9%) |
| Renter Occupied HU | 340 (19.8%) |
| Vacant Housing Units | 655 (38.2%) |
| Median Home Value | $459,578 |
| Average Home Value | $517,194 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CCIMLS
Mls ID: #22600055