345 Ireland StWorthingtonMA01084
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.13% gross rental yield, 345 Ireland St, Worthington, MA, 01084 in Worthington is priced for capital growth, not immediate cash flow. The $750,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $207,211 by year five, with $6,908/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.95) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $186,832.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 5.2% |
| Monthly Cash Flow | $(1,522) | $850 |
City averages based on Worthington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,205 |
| Total Monthly Debt Service | $4,429 |
| DSCR Ratio | 0.72x |
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 1986
69.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01084, West Chesterfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 73 (100%) |
| Owner Occupied HU | 52 (71.2%) |
| Renter Occupied HU | 7 ( 9.6%) |
| Vacant Housing Units | 14 (19.2%) |
| Median Home Value | $436,364 |
| Average Home Value | $443,029 |
Housing Distribution
Address Breakdown
Residential
44
Single Family
44
Multi-Family
0
Businesses
3
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 1986
69.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01084, West Chesterfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 73 (100%) |
| Owner Occupied HU | 52 (71.2%) |
| Renter Occupied HU | 7 ( 9.6%) |
| Vacant Housing Units | 14 (19.2%) |
| Median Home Value | $436,364 |
| Average Home Value | $443,029 |
Housing Distribution
Address Breakdown
Residential
44
Single Family
44
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Carroll • Delap Real Estate LLC
Mls Name: MLS PIN
Mls ID: #73377957