576 Grove StFraminghamMA01701
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 576 Grove St, Framingham, MA, 01701 in Framingham. Rental yield 4.24%. At $1,175,000 with 4.24% gross yield, current distributions are modest, but the 5% appreciation rate projects $324,631 in new equity by year five, complemented by $10,822/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.79) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $236,739.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 5.5% |
| Monthly Cash Flow | $(3,254) | $1,850 |
City averages based on Framingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,152 |
| Total Monthly Debt Service | $6,938 |
| DSCR Ratio | 0.60x |
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 1956
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01701, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,321 (100%) |
| Owner Occupied HU | 10,030 (75.3%) |
| Renter Occupied HU | 2,927 (22.0%) |
| Vacant Housing Units | 364 ( 2.7%) |
| Median Home Value | $666,466 |
| Average Home Value | $736,228 |
Housing Distribution
Address Breakdown
Residential
13,162
Single Family
11,225
Multi-Family
1,937
Businesses
1,340
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 1956
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01701, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,321 (100%) |
| Owner Occupied HU | 10,030 (75.3%) |
| Renter Occupied HU | 2,927 (22.0%) |
| Vacant Housing Units | 364 ( 2.7%) |
| Median Home Value | $666,466 |
| Average Home Value | $736,228 |
Housing Distribution
Address Breakdown
Residential
13,162
Single Family
11,225
Multi-Family
1,937
Businesses
1,340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73488145