12 Burnham StBelmontMA02478
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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 Belmont at 12 Burnham St, Belmont, MA, 02478 listed at $1,503,500 pairs $11,720/mo rent with a $7,359/mo payment to leave $2,244/mo cash flow. Total monthly income runs $11,720/mo, and annual cash flow reaches $26,923/yr on $487,134 cash to close. Return on cash invested measures 25.9% in year one, and rental yield registers 9.35% at a $1,503,500 basis. Equity gained on principal adds $9,702/yr, and annual property appreciation at 5% supports $415,389 by year five. Five-year ROI tracks 135% and total cumulative return in cash totals $657,654. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $11,720/mo property income relative to a $7,359/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1911
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02478, Belmont, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,856 (100%) |
| Owner Occupied HU | 6,320 (58.2%) |
| Renter Occupied HU | 3,883 (35.8%) |
| Vacant Housing Units | 653 ( 6.0%) |
| Median Home Value | $1,215,863 |
| Average Home Value | $1,284,804 |
Housing Distribution
Address Breakdown
Residential
10,173
Single Family
9,309
Multi-Family
864
Businesses
844
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Listed by: N/A • N/A
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