60 Franklin StSomervilleMA02145
INVESTMENT ANALYSIS
Investment Verdict
Solid Income60 Franklin St, Somerville, MA, 02145 in Somerville is a solid income-producing rental, 8.02% gross yield, $6,012/mo rent, $340/mo net cash flow on a $899,900 buy. DSCR 1.49 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $248,626 and $8,288/yr in principal reduction project a total cumulative return of $363,532.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $340 | $1,300 |
City averages based on Somerville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,012 |
| Total Monthly Debt Service | $5,314 |
| DSCR Ratio | 1.13x |
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 1890
5,610 sqft lot
$N/A/sqft
No HOA
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 1890
5,610 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices