10 Denmark Ln UNIT 10NeedhamMA02492
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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
Investment Highlights
Investment property for sale in Needham at 10 Denmark Ln UNIT 10, Needham, MA, 02492 earns $578/mo cash flow from $5,992/mo rent with a $4,204/mo payment. Total monthly income totals $5,992/mo, and annual cash flow totals $6,939/yr on $282,611 capital. ROI tracks 22.52% on current figures, and rental yield reads 8.37% at a $859,000 purchase. Equity gained on principal adds $5,543/yr, and 5% annual appreciation supports $237,326 over five years. Five-year ROI reaches 116.94% and total cumulative return in cash sums $330,495. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,992/mo property income instead of your personal income.
Townhouse
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02492, Needham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,404 (100%) |
| Owner Occupied HU | 6,183 (83.5%) |
| Renter Occupied HU | 999 (13.5%) |
| Vacant Housing Units | 222 ( 3.0%) |
| Median Home Value | $1,301,007 |
| Average Home Value | $1,338,050 |
Housing Distribution
Address Breakdown
Residential
7,513
Single Family
6,701
Multi-Family
812
Businesses
677
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Listed by: Janice Lipof • Hammond Residential Real Estate
Mls Name: MLS PIN
Mls ID: #73414465