353 Fuller St UNIT 22LudlowMA01056
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 353 Fuller St UNIT 22, Ludlow, MA, 01056 in Ludlow speaks for itself: 10.46% gross on a $359,000 price, generating $3,130/mo in rent and $867/mo in net income after the $1,614/mo debt service. DSCR 1.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,403 stacks alongside $99,185 in projected five-year appreciation and $3,306/yr in principal reduction. Projected total cumulative return: $192,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.5% |
| Monthly Cash Flow | $867 | $8,000 |
City averages based on Ludlow market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,130 |
| Total Monthly Debt Service | $2,120 |
| DSCR Ratio | 1.48x |
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.
Condo
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01056, Ludlow, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,781 (100%) |
| Owner Occupied HU | 6,496 (74.0%) |
| Renter Occupied HU | 1,944 (22.1%) |
| Vacant Housing Units | 341 ( 3.9%) |
| Median Home Value | $350,569 |
| Average Home Value | $370,739 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
7,951
Multi-Family
809
Businesses
559
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
Condo
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01056, Ludlow, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,781 (100%) |
| Owner Occupied HU | 6,496 (74.0%) |
| Renter Occupied HU | 1,944 (22.1%) |
| Vacant Housing Units | 341 ( 3.9%) |
| Median Home Value | $350,569 |
| Average Home Value | $370,739 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
7,951
Multi-Family
809
Businesses
559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise DeSellier • Realty Professionals
Mls Name: BHHS broker feed
Mls ID: #73368144