137 Franklin St APT 102StonehamMA02180
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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 137 Franklin St APT 102, Stoneham, MA, 02180 uses $140,854 cash to close to unlock $3,151/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $2,941/mo, and a $2,080/mo payment keeps the spread at $263/mo. Purchase price stands at $424,900, and rental yield measures 8.31% with $2,941/mo rent. Return on cash invested shows 22.15% in year one, and 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 114.99% and total cumulative return in cash records $161,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,941/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Condo
Built in 1984
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: Debi Malone • LAER Realty Partners
Mls Name: MLS PIN
Mls ID: #73456174