63 Garden Rd APT G2WellesleyMA02481
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 63 Garden Rd APT G2, Wellesley, MA, 02481 in Wellesley. Rental yield 4.09%. At $1,195,000 with 4.09% gross yield, current distributions are modest, but the 5% appreciation rate projects $330,156 in new equity by year five, complemented by $11,006/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.76) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $230,995.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 4.2% |
| Monthly Cash Flow | $(4,635) | $1,200 |
City averages based on Wellesley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,070 |
| Total Monthly Debt Service | $7,056 |
| DSCR Ratio | 0.58x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02481, Wellesley Hills, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,433 (100%) |
| Owner Occupied HU | 4,198 (77.3%) |
| Renter Occupied HU | 991 (18.2%) |
| Vacant Housing Units | 244 ( 4.5%) |
| Median Home Value | $1,661,576 |
| Average Home Value | $1,639,857 |
Housing Distribution
Address Breakdown
Residential
5,419
Single Family
4,767
Multi-Family
652
Businesses
808
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 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02481, Wellesley Hills, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,433 (100%) |
| Owner Occupied HU | 4,198 (77.3%) |
| Renter Occupied HU | 991 (18.2%) |
| Vacant Housing Units | 244 ( 4.5%) |
| Median Home Value | $1,661,576 |
| Average Home Value | $1,639,857 |
Housing Distribution
Address Breakdown
Residential
5,419
Single Family
4,767
Multi-Family
652
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73492717