36 Melody RdPlainvilleMA02762
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 36 Melody Rd, Plainville, MA, 02762 in Plainville deserves attention. This $172,500 property earns $3,000/mo in rent, a 20.87% gross yield, and nets $1,360/mo after the $776/mo payment. DSCR 3.87 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $47,659 compounds alongside $1,589/yr in yearly equity build, for a total cumulative return of $155,441.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.9% | 6.0% |
| Monthly Cash Flow | $1,360 | $850 |
City averages based on Plainville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,000 |
| Total Monthly Debt Service | $1,572 |
| DSCR Ratio | 1.91x |
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.
Manufactured
Built in 1971
3,750 sqft lot
$N/A/sqft
$553 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02762, Plainville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,366 (100%) |
| Owner Occupied HU | 2,834 (64.9%) |
| Renter Occupied HU | 1,347 (30.9%) |
| Vacant Housing Units | 185 ( 4.2%) |
| Median Home Value | $605,761 |
| Average Home Value | $686,642 |
Housing Distribution
Address Breakdown
Residential
4,149
Single Family
3,497
Multi-Family
652
Businesses
423
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
Manufactured
Built in 1971
3,750 sqft lot
$N/A/sqft
$553 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02762, Plainville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,366 (100%) |
| Owner Occupied HU | 2,834 (64.9%) |
| Renter Occupied HU | 1,347 (30.9%) |
| Vacant Housing Units | 185 ( 4.2%) |
| Median Home Value | $605,761 |
| Average Home Value | $686,642 |
Housing Distribution
Address Breakdown
Residential
4,149
Single Family
3,497
Multi-Family
652
Businesses
423
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices