10 Somerset Ave #204WinthropMA02152
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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 Winthrop at 10 Somerset Ave #204, Winthrop, MA, 02152 earns from $2,599/mo rent with a $2,929/mo payment. Total monthly income totals $2,599/mo. ROI tracks 12.91% on current figures, and rental yield reads 5.21% at a $598,395 purchase. Equity gained on principal adds $3,861/yr, and 5% annual appreciation supports $165,326 over five years. Five-year ROI reaches 65.45% and total cumulative return in cash sums $128,856. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,599/mo property income instead of your personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02152, Winthrop, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,635 (100%) |
| Owner Occupied HU | 4,584 (53.1%) |
| Renter Occupied HU | 3,489 (40.4%) |
| Vacant Housing Units | 562 ( 6.5%) |
| Median Home Value | $676,324 |
| Average Home Value | $712,386 |
Housing Distribution
Address Breakdown
Residential
7,816
Single Family
5,693
Multi-Family
2,123
Businesses
424
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Listed by: Charlesgate New Development Team • Charlesgate Realty Group, llc
Mls Name: MLS PIN
Mls ID: #73467967