5 Kate DrFranklinMA02038
INVESTMENT ANALYSIS
Investment Verdict
Solid Income5 Kate Dr, Franklin, MA, 02038 in Franklin is a solid income-producing rental, 8.21% gross yield, $4,165/mo rent, $327/mo net cash flow on a $609,000 buy. DSCR 1.52 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $168,255 and $5,609/yr in principal reduction project a total cumulative return of $252,300.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 7.1% |
| Monthly Cash Flow | $327 | $850 |
City averages based on Franklin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,165 |
| Total Monthly Debt Service | $3,596 |
| DSCR Ratio | 1.16x |
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 1983
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02038, Franklin, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,032 (100%) |
| Owner Occupied HU | 9,506 (72.9%) |
| Renter Occupied HU | 3,041 (23.3%) |
| Vacant Housing Units | 485 ( 3.7%) |
| Median Home Value | $666,126 |
| Average Home Value | $703,465 |
Housing Distribution
Address Breakdown
Residential
12,677
Single Family
10,723
Multi-Family
1,954
Businesses
935
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 1983
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02038, Franklin, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,032 (100%) |
| Owner Occupied HU | 9,506 (72.9%) |
| Renter Occupied HU | 3,041 (23.3%) |
| Vacant Housing Units | 485 ( 3.7%) |
| Median Home Value | $666,126 |
| Average Home Value | $703,465 |
Housing Distribution
Address Breakdown
Residential
12,677
Single Family
10,723
Multi-Family
1,954
Businesses
935
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73494334