62 Spring StCohassetMA02025
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis Cohasset rental at 62 Spring St, Cohasset, MA, 02025 sits in the solid-income band: 7.95% gross yield, $5,964/mo rent, $288/mo net after the $4,050/mo debt service, DSCR 1.47. Entry price of $900,600 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $248,819 and $8,295/yr in principal reduction bring total cumulative return to $360,438.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.1% |
| Monthly Cash Flow | $288 | $1,200 |
City averages based on Cohasset market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,964 |
| Total Monthly Debt Service | $5,318 |
| DSCR Ratio | 1.12x |
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 1880
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02025, Cohasset, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,366 (100%) |
| Owner Occupied HU | 2,526 (75.0%) |
| Renter Occupied HU | 610 (18.1%) |
| Vacant Housing Units | 230 ( 6.8%) |
| Median Home Value | $1,281,746 |
| Average Home Value | $1,340,243 |
Housing Distribution
Address Breakdown
Residential
3,257
Single Family
3,142
Multi-Family
115
Businesses
410
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 1880
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02025, Cohasset, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,366 (100%) |
| Owner Occupied HU | 2,526 (75.0%) |
| Renter Occupied HU | 610 (18.1%) |
| Vacant Housing Units | 230 ( 6.8%) |
| Median Home Value | $1,281,746 |
| Average Home Value | $1,340,243 |
Housing Distribution
Address Breakdown
Residential
3,257
Single Family
3,142
Multi-Family
115
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: William Raveis Real Estate, Mortgage & Insurance
Mls Provider:
Mls ID: #73375500