69-71 Providence RdWhitinsvilleMA01588
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 69-71 Providence Rd, Whitinsville, MA, 01588 in Whitinsville fits: $439,000, 5.58% gross yield, and a projected 5% annual appreciation rate adding $121,288 in value within five years. Rental yield 5.58%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.03) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $4,043/yr in principal paydown and $121,288 in appreciation project a total return of $119,904.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 5.1% |
| Monthly Cash Flow | $(727) | $250 |
City averages based on Whitinsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,040 |
| Total Monthly Debt Service | $2,592 |
| DSCR Ratio | 0.79x |
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.
Multi Family
Built in 1882
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01588, Whitinsville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,449 (100%) |
| Owner Occupied HU | 2,840 (63.8%) |
| Renter Occupied HU | 1,429 (32.1%) |
| Vacant Housing Units | 180 ( 4.0%) |
| Median Home Value | $504,677 |
| Average Home Value | $547,268 |
Housing Distribution
Address Breakdown
Residential
4,145
Single Family
3,966
Multi-Family
179
Businesses
314
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
Multi Family
Built in 1882
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01588, Whitinsville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,449 (100%) |
| Owner Occupied HU | 2,840 (63.8%) |
| Renter Occupied HU | 1,429 (32.1%) |
| Vacant Housing Units | 180 ( 4.0%) |
| Median Home Value | $504,677 |
| Average Home Value | $547,268 |
Housing Distribution
Address Breakdown
Residential
4,145
Single Family
3,966
Multi-Family
179
Businesses
314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73479757