41 Court StreetNorth ChathamMA02650
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in North Chatham at 41 Court Street, North Chatham, MA, 02650 projects strong ROI of 2.03%. Rental yield 1.74%. With 5% annual appreciation, the property builds $815,031 in value over five years. Equity growth combined delivers a projected five-year ROI of 23.83%, translating into $198,603 in total cumulative return on $833,375 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.7% | 5.0% |
| Monthly Cash Flow | $(14,319) | $1,200 |
City averages based on North Chatham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,274 |
| Total Monthly Debt Service | $17,420 |
| DSCR Ratio | 0.25x |
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 1995
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02650, North Chatham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 320 (34.7%) |
| Renter Occupied HU | 88 ( 9.6%) |
| Vacant Housing Units | 513 (55.7%) |
| Median Home Value | $1,325,581 |
| Average Home Value | $1,408,336 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
688
Multi-Family
2
Businesses
61
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 1995
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02650, North Chatham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 320 (34.7%) |
| Renter Occupied HU | 88 ( 9.6%) |
| Vacant Housing Units | 513 (55.7%) |
| Median Home Value | $1,325,581 |
| Average Home Value | $1,408,336 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
688
Multi-Family
2
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Nickerson Power Group • Compass
Mls Name: CCIMLS
Mls ID: #22600472