32 Morton RdEast FreetownMA02717
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder32 Morton Rd, East Freetown, MA, 02717 in East Freetown is a stable, well-positioned rental at $499,900. Rental yield 7.24%. DSCR 1.34 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $138,113 in value and $4,604/yr in principal paydown builds equity, a total projected return of $180,990.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 5.2% |
| Monthly Cash Flow | $(136) | $2,200 |
City averages based on East Freetown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,014 |
| Total Monthly Debt Service | $2,952 |
| DSCR Ratio | 1.02x |
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 1967
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02717, East Freetown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,861 (100%) |
| Owner Occupied HU | 1,560 (83.8%) |
| Renter Occupied HU | 223 (12.0%) |
| Vacant Housing Units | 78 ( 4.2%) |
| Median Home Value | $609,801 |
| Average Home Value | $645,551 |
Housing Distribution
Address Breakdown
Residential
1,778
Single Family
1,778
Multi-Family
0
Businesses
189
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 1967
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02717, East Freetown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,861 (100%) |
| Owner Occupied HU | 1,560 (83.8%) |
| Renter Occupied HU | 223 (12.0%) |
| Vacant Housing Units | 78 ( 4.2%) |
| Median Home Value | $609,801 |
| Average Home Value | $645,551 |
Housing Distribution
Address Breakdown
Residential
1,778
Single Family
1,778
Multi-Family
0
Businesses
189
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Thomas • Realty One Group, LLC
Mls Name: MLS PIN
Mls ID: #73437730