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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Concord at 1053 Main St, Concord, MA, 01742 generates $7,420/mo in rent, after a $7,282/mo payment. Total monthly income is $7,420/mo. Return on cash invested sits at 15.5% in year one, and rental yield is 5.98% on a $1,487,800 entry. Equity gained on principal adds $9,601/yr, while 5% annual appreciation builds toward $411,052 over five years. Five-year ROI reaches 79.24% and total cumulative return in cash sums $381,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,420/mo property income rather than buyer’s personal income.
Single Family
Built in 1906
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01742, Concord, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,211 (100%) |
| Owner Occupied HU | 5,143 (71.3%) |
| Renter Occupied HU | 1,557 (21.6%) |
| Vacant Housing Units | 511 ( 7.1%) |
| Median Home Value | $1,306,655 |
| Average Home Value | $1,395,371 |
Residential
7,177
Single Family
5,766
Multi-Family
1,411
Businesses
1,309
Date | Event | Price |
|---|---|---|
| 2022-09-21 | Sold | $11,250 |
| 2021-09-30 | Sold | $500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $10430.00 | 12.40% | $794,400 | 10.95% |
| 2023-10-16 | $9279.00 | 2.06% | $716,000 | 16.23% |
| 2022-10-16 | $9092.00 | 2.26% | $616,000 | 1.99% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
