6 Grove StSharonMA02067
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder6 Grove St, Sharon, MA, 02067 in Sharon earns a respectable 7.89% gross yield at $688,000, but after the $3,094/mo mortgage the net cash flow is $46/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.46) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $190,082 over five years, making equity the dominant return driver. Total projected return: $264,801.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 4.8% |
| Monthly Cash Flow | $46 | $850 |
City averages based on Sharon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,526 |
| Total Monthly Debt Service | $4,207 |
| DSCR Ratio | 1.08x |
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 1911
7,449 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02067, Sharon, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,835 (100%) |
| Owner Occupied HU | 5,536 (81.0%) |
| Renter Occupied HU | 1,086 (15.9%) |
| Vacant Housing Units | 213 ( 3.1%) |
| Median Home Value | $781,525 |
| Average Home Value | $855,003 |
Housing Distribution
Address Breakdown
Residential
6,688
Single Family
6,162
Multi-Family
526
Businesses
409
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 1911
7,449 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02067, Sharon, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,835 (100%) |
| Owner Occupied HU | 5,536 (81.0%) |
| Renter Occupied HU | 1,086 (15.9%) |
| Vacant Housing Units | 213 ( 3.1%) |
| Median Home Value | $781,525 |
| Average Home Value | $855,003 |
Housing Distribution
Address Breakdown
Residential
6,688
Single Family
6,162
Multi-Family
526
Businesses
409
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Needle Group • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73422620
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