115 Washington St APT 2AWinchesterMA01890
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
Investment Highlights
Rental property for sale in Winchester at 115 Washington St APT 2A, Winchester, MA, 01890 generates $3,577/mo in rent, after a $3,108/mo payment. Total monthly income is $3,577/mo. Return on cash invested sits at 17.62% in year one, and rental yield is 6.76% on a $635,000 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 90.67% and total cumulative return in cash sums $189,428. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,577/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01890, Winchester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,302 (100%) |
| Owner Occupied HU | 6,554 (78.9%) |
| Renter Occupied HU | 1,289 (15.5%) |
| Vacant Housing Units | 459 ( 5.5%) |
| Median Home Value | $1,305,712 |
| Average Home Value | $1,367,316 |
Housing Distribution
Address Breakdown
Residential
8,296
Single Family
7,442
Multi-Family
854
Businesses
740
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Covino & Co. Team • Compass
Mls Name: MLS PIN
Mls ID: #73415414