62 Vine St #62WinchesterMA01890
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.66% yield at 62 Vine St #62, Winchester, MA, 01890 in Winchester is solid, but the $3,597/mo payment compresses net cash flow to $63/mo at $799,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $220,998 by year five, and $7,367/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.42) without U.S. income documentation. Total projected return: $307,798.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 5.0% |
| Monthly Cash Flow | $63 | $700 |
City averages based on Winchester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,105 |
| Total Monthly Debt Service | $4,723 |
| 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.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01890, Winchester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,302 (100%) |
| Owner Occupied HU | 6,554 (78.9%) |
| Renter Occupied HU | 1,289 (15.5%) |
| Vacant Housing Units | 459 ( 5.5%) |
| Median Home Value | $1,305,712 |
| Average Home Value | $1,367,316 |
Housing Distribution
Address Breakdown
Residential
8,296
Single Family
7,442
Multi-Family
854
Businesses
740
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
Townhouse
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01890, Winchester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,302 (100%) |
| Owner Occupied HU | 6,554 (78.9%) |
| Renter Occupied HU | 1,289 (15.5%) |
| Vacant Housing Units | 459 ( 5.5%) |
| Median Home Value | $1,305,712 |
| Average Home Value | $1,367,316 |
Housing Distribution
Address Breakdown
Residential
8,296
Single Family
7,442
Multi-Family
854
Businesses
740
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Shorey Realty Group • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73423434