122 School St #1WatertownMA02472
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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 Watertown at 122 School St #1, Watertown, MA, 02472 uses $188,616 cash to close to unlock $2,851/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $3,851/mo, and a $2,806/mo payment keeps the spread at $238/mo. Purchase price stands at $573,300, and rental yield measures 8.06% with $3,851/mo rent. Return on cash invested shows 21.57% in year one, and 5% annual appreciation builds toward $158,392 over five years. Five-year ROI reaches 111.88% and total cumulative return in cash records $211,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,851/mo property income covering a $2,806/mo payment rather than investor’s personal income.
Condo
Built in 1915
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02472, Watertown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,617 (100%) |
| Owner Occupied HU | 7,572 (43.0%) |
| Renter Occupied HU | 9,093 (51.6%) |
| Vacant Housing Units | 952 ( 5.4%) |
| Median Home Value | $870,411 |
| Average Home Value | $952,094 |
Housing Distribution
Address Breakdown
Residential
16,998
Single Family
12,161
Multi-Family
4,837
Businesses
1,213
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Listed by: N/A • N/A
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Mls ID: #N/A