122 Main St APT 402StonehamMA02180
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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 Stoneham at 122 Main St APT 402, Stoneham, MA, 02180 uses $123,252 cash to close to unlock $6,701/yr annual cash flow and $558/mo monthly cash flow. Total monthly income runs $2,902/mo, and a $1,820/mo payment keeps the spread at $558/mo. Purchase price stands at $371,800, and rental yield measures 9.37% with $2,902/mo rent. Return on cash invested shows 25.35% in year one, and 5% annual appreciation builds toward $102,721 over five years. Five-year ROI reaches 132.16% and total cumulative return in cash records $162,894. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,902/mo property income covering a $1,820/mo payment rather than investor’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02180, Stoneham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,649 (100%) |
| Owner Occupied HU | 6,678 (62.7%) |
| Renter Occupied HU | 3,597 (33.8%) |
| Vacant Housing Units | 374 ( 3.5%) |
| Median Home Value | $715,824 |
| Average Home Value | $796,350 |
Housing Distribution
Address Breakdown
Residential
10,121
Single Family
6,549
Multi-Family
3,572
Businesses
841
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A