50 Old Spencer RdCharltonMA01507
INVESTMENT ANALYSIS
Investment Verdict
Solid Income50 Old Spencer Rd, Charlton, MA, 01507 in Charlton is a solid income-producing rental, 8.53% gross yield, $3,732/mo rent, $423/mo net cash flow on a $525,000 buy. DSCR 1.58 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $145,048 and $4,835/yr in principal reduction project a total cumulative return of $226,564.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.8% |
| Monthly Cash Flow | $423 | $850 |
City averages based on Charlton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,732 |
| Total Monthly Debt Service | $3,100 |
| DSCR Ratio | 1.20x |
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 1995
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01507, Charlton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,358 (100%) |
| Owner Occupied HU | 4,240 (79.1%) |
| Renter Occupied HU | 869 (16.2%) |
| Vacant Housing Units | 249 ( 4.6%) |
| Median Home Value | $501,961 |
| Average Home Value | $542,894 |
Housing Distribution
Address Breakdown
Residential
4,857
Single Family
4,625
Multi-Family
232
Businesses
239
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
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01507, Charlton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,358 (100%) |
| Owner Occupied HU | 4,240 (79.1%) |
| Renter Occupied HU | 869 (16.2%) |
| Vacant Housing Units | 249 ( 4.6%) |
| Median Home Value | $501,961 |
| Average Home Value | $542,894 |
Housing Distribution
Address Breakdown
Residential
4,857
Single Family
4,625
Multi-Family
232
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jo-Ann Szymczak • RE/MAX Vision
Mls Name: MLS PIN
Mls ID: #73460911