38 Cedar LnKingstonMA02364
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 38 Cedar Ln, Kingston, MA, 02364 in Kingston at $649,000 earns $4,177/mo in rent and nets $87/mo after the $2,918/mo payment, a 7.72% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $179,307 over five years. Ziffy Mortgage underwrites this on a 1.43 DSCR without U.S. credit history. With $5,977/yr in principal paydown, total projected return reaches $251,983.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 5.0% |
| Monthly Cash Flow | $87 | $8,000 |
City averages based on Kingston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,177 |
| Total Monthly Debt Service | $3,832 |
| DSCR Ratio | 1.09x |
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 1963
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02364, Kingston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,809 (100%) |
| Owner Occupied HU | 4,414 (76.0%) |
| Renter Occupied HU | 1,083 (18.6%) |
| Vacant Housing Units | 312 ( 5.4%) |
| Median Home Value | $677,441 |
| Average Home Value | $725,929 |
Housing Distribution
Address Breakdown
Residential
5,478
Single Family
4,994
Multi-Family
484
Businesses
486
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 1963
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02364, Kingston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,809 (100%) |
| Owner Occupied HU | 4,414 (76.0%) |
| Renter Occupied HU | 1,083 (18.6%) |
| Vacant Housing Units | 312 ( 5.4%) |
| Median Home Value | $677,441 |
| Average Home Value | $725,929 |
Housing Distribution
Address Breakdown
Residential
5,478
Single Family
4,994
Multi-Family
484
Businesses
486
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Whaley/Charlie Ring Team • Coldwell Banker Realty - Boston
Mls Name: MLS PIN
Mls ID: #73453900