4 B StMerrimacMA01860
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4 B St, Merrimac, MA, 01860 in Merrimac is a solid income-producing rental, 9.21% gross yield, $1,527/mo rent, $273/mo net cash flow on a $199,000 buy. DSCR 1.71 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $54,980 and $1,833/yr in principal reduction project a total cumulative return of $93,102.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $273 | $1,200 |
City averages based on Merrimac market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,527 |
| Total Monthly Debt Service | $1,175 |
| DSCR Ratio | 1.30x |
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 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01860, Merrimac, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,810 (100%) |
| Owner Occupied HU | 2,241 (79.8%) |
| Renter Occupied HU | 437 (15.6%) |
| Vacant Housing Units | 132 ( 4.7%) |
| Median Home Value | $647,422 |
| Average Home Value | $645,772 |
Housing Distribution
Address Breakdown
Residential
2,797
Single Family
2,522
Multi-Family
275
Businesses
162
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 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01860, Merrimac, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,810 (100%) |
| Owner Occupied HU | 2,241 (79.8%) |
| Renter Occupied HU | 437 (15.6%) |
| Vacant Housing Units | 132 ( 4.7%) |
| Median Home Value | $647,422 |
| Average Home Value | $645,772 |
Housing Distribution
Address Breakdown
Residential
2,797
Single Family
2,522
Multi-Family
275
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karol Flannery • RE/MAX Bentley's
Mls Name: MLS PIN
Mls ID: #73408420