35 Locust StreetOnsetMA02558
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 35 Locust Street, Onset, MA, 02558 in Onset is a conservative rental investment at $754,900. Rental yield 6.87%. A 1.27 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $208,565; $6,953/yr in principal paydown supplements. Total projected return: $258,341.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.0% |
| Monthly Cash Flow | $(439) | $350 |
City averages based on Onset market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,319 |
| Total Monthly Debt Service | $4,458 |
| DSCR Ratio | 0.97x |
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 1955
3,920 sqft 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
Single Family
Built in 1955
3,920 sqft 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: Joseph Kwiatkowski • Today Real Estate
Mls Name: CCIMLS
Mls ID: #22503540