6 Chippewa DrHeathMA01346
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 6 Chippewa Dr, Heath, MA, 01346 in Heath achieves a 1.76 ratio at $110,000: $869/mo rent versus $495/mo debt service. Rental yield 9.32%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.32% yield compounds alongside 5% annual appreciation projecting $30,391 in value. Total projected cumulative return: $14,089.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.3% |
| Monthly Cash Flow | $(489) | $800 |
City averages based on Heath market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $869 |
| Total Monthly Debt Service | $1,300 |
| DSCR Ratio | 0.67x |
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.
Manufactured
Built in 1983
0.74 Acres lot
$N/A/sqft
$650 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01346, Heath, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 95 (100%) |
| Owner Occupied HU | 58 (61.1%) |
| Renter Occupied HU | 10 (10.5%) |
| Vacant Housing Units | 27 (28.4%) |
| Median Home Value | $368,421 |
| Average Home Value | $452,112 |
Housing Distribution
Address Breakdown
Residential
46
Single Family
46
Multi-Family
0
Businesses
15
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
Manufactured
Built in 1983
0.74 Acres lot
$N/A/sqft
$650 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01346, Heath, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 95 (100%) |
| Owner Occupied HU | 58 (61.1%) |
| Renter Occupied HU | 10 (10.5%) |
| Vacant Housing Units | 27 (28.4%) |
| Median Home Value | $368,421 |
| Average Home Value | $452,112 |
Housing Distribution
Address Breakdown
Residential
46
Single Family
46
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keys & Co Home Team • LPT Realty, LLC
Mls Name: MLS PIN
Mls ID: #73383588
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