60 Fletcher Lane #CBrewsterMA02631
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 60 Fletcher Lane #C, Brewster, MA, 02631 in Brewster hard to pass up. The 10.78% gross yield on a $275,000 purchase results in $2,470/mo in rent and $736/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.00). Annual cash flow of $8,836, five-year appreciation of $75,977, and $2,533/yr in equity build-up combine for a projected total cumulative return of $151,803.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 5.0% |
| Monthly Cash Flow | $736 | $800 |
City averages based on Brewster market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,470 |
| Total Monthly Debt Service | $1,624 |
| DSCR Ratio | 1.52x |
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.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02631, Brewster, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,840 (100%) |
| Owner Occupied HU | 4,136 (46.8%) |
| Renter Occupied HU | 897 (10.1%) |
| Vacant Housing Units | 3,807 (43.1%) |
| Median Home Value | $784,868 |
| Average Home Value | $909,379 |
Housing Distribution
Address Breakdown
Residential
5,858
Single Family
4,974
Multi-Family
884
Businesses
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
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02631, Brewster, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,840 (100%) |
| Owner Occupied HU | 4,136 (46.8%) |
| Renter Occupied HU | 897 (10.1%) |
| Vacant Housing Units | 3,807 (43.1%) |
| Median Home Value | $784,868 |
| Average Home Value | $909,379 |
Housing Distribution
Address Breakdown
Residential
5,858
Single Family
4,974
Multi-Family
884
Businesses
340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leighton Team • Keller Williams Realty
Mls Name: CCIMLS
Mls ID: #22503737