685 Oak St #13-2BrocktonMA02301
INVESTMENT ANALYSIS
Investment Verdict
Solid Income685 Oak St #13-2, Brockton, MA, 02301 in Brockton earns a respectable 8.02% gross yield at $219,900, but after the $989/mo mortgage the net cash flow is $84/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.49) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $60,754 over five years, making equity the dominant return driver. Total projected return: $88,925.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 4.8% |
| Monthly Cash Flow | $84 | $1,850 |
City averages based on Brockton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,470 |
| Total Monthly Debt Service | $1,298 |
| 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.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02301, Brockton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,146 (100%) |
| Owner Occupied HU | 11,769 (45.0%) |
| Renter Occupied HU | 13,227 (50.6%) |
| Vacant Housing Units | 1,150 ( 4.4%) |
| Median Home Value | $473,074 |
| Average Home Value | $543,042 |
Housing Distribution
Address Breakdown
Residential
23,318
Single Family
18,636
Multi-Family
4,682
Businesses
2,110
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 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02301, Brockton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,146 (100%) |
| Owner Occupied HU | 11,769 (45.0%) |
| Renter Occupied HU | 13,227 (50.6%) |
| Vacant Housing Units | 1,150 ( 4.4%) |
| Median Home Value | $473,074 |
| Average Home Value | $543,042 |
Housing Distribution
Address Breakdown
Residential
23,318
Single Family
18,636
Multi-Family
4,682
Businesses
2,110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Hargrove • Hargrove & Associates Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73413035