56 Carter StBerlinMA01503
INVESTMENT ANALYSIS
Investment Verdict
Solid Income56 Carter St, Berlin, MA, 01503 in Berlin is a solid income-producing rental, 9.14% gross yield, $5,328/mo rent, $917/mo net cash flow on a $699,900 buy. DSCR 1.69 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $193,369 and $6,446/yr in principal reduction project a total cumulative return of $324,749.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $917 | $750 |
City averages based on Berlin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,328 |
| Total Monthly Debt Service | $4,133 |
| DSCR Ratio | 1.29x |
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 1867
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01503, Berlin, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,531 (100%) |
| Owner Occupied HU | 1,053 (68.8%) |
| Renter Occupied HU | 430 (28.1%) |
| Vacant Housing Units | 48 ( 3.1%) |
| Median Home Value | $717,536 |
| Average Home Value | $774,050 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,130
Multi-Family
311
Businesses
112
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 1867
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01503, Berlin, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,531 (100%) |
| Owner Occupied HU | 1,053 (68.8%) |
| Renter Occupied HU | 430 (28.1%) |
| Vacant Housing Units | 48 ( 3.1%) |
| Median Home Value | $717,536 |
| Average Home Value | $774,050 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,130
Multi-Family
311
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Fabio Desousa • Park Square Realty
Mls Name: MLS PIN
Mls ID: #73470529