10 Franklin Ave APT 300RevereMA02151
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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 Revere at 10 Franklin Ave APT 300, Revere, MA, 02151 uses $155,805 cash to close to unlock $721/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $3,022/mo, and a $2,300/mo payment keeps the spread at $60/mo. Purchase price stands at $470,000, and rental yield measures 7.72% with $3,022/mo rent. Return on cash invested shows 20.37% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 105.5% and total cumulative return in cash records $164,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,022/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02151, Revere, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,738 (100%) |
| Owner Occupied HU | 10,397 (40.4%) |
| Renter Occupied HU | 13,021 (50.6%) |
| Vacant Housing Units | 2,320 ( 9.0%) |
| Median Home Value | $621,936 |
| Average Home Value | $649,543 |
Housing Distribution
Address Breakdown
Residential
22,364
Single Family
14,226
Multi-Family
8,138
Businesses
1,047
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Listed by: Gian Paul Sanseverino • Coldwell Banker Realty - Lexington
Mls Name: MLS PIN
Mls ID: #73465514