56 Luka Dr #56GraftonMA01519
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 56 Luka Dr #56, Grafton, MA, 01519 in Grafton fits: $599,900, 4.8% gross yield, and a projected 5% annual appreciation rate adding $165,741 in value within five years. Rental yield 4.8%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.89) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $5,525/yr in principal paydown and $165,741 in appreciation project a total return of $107,172.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.5% |
| Monthly Cash Flow | $(1,910) | $320 |
City averages based on Grafton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,400 |
| Total Monthly Debt Service | $4,071 |
| DSCR Ratio | 0.59x |
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 2018
5.09 Acres lot
$N/A/sqft
$529 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01519, Grafton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,751 (100%) |
| Owner Occupied HU | 2,144 (77.9%) |
| Renter Occupied HU | 547 (19.9%) |
| Vacant Housing Units | 60 ( 2.2%) |
| Median Home Value | $666,293 |
| Average Home Value | $682,451 |
Housing Distribution
Address Breakdown
Residential
2,655
Single Family
2,639
Multi-Family
16
Businesses
107
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 2018
5.09 Acres lot
$N/A/sqft
$529 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01519, Grafton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,751 (100%) |
| Owner Occupied HU | 2,144 (77.9%) |
| Renter Occupied HU | 547 (19.9%) |
| Vacant Housing Units | 60 ( 2.2%) |
| Median Home Value | $666,293 |
| Average Home Value | $682,451 |
Housing Distribution
Address Breakdown
Residential
2,655
Single Family
2,639
Multi-Family
16
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wajeeha Nasir • Northbound Realty Co
Mls Name: MLS PIN
Mls ID: #73476030
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.