15 Maple St, Melrose, MA, 02176 | 6.23% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Melrose at 15 Maple St, Melrose, MA, 02176 earns from $3,974/mo rent with a $3,744/mo payment. Total monthly income totals $3,974/mo. ROI tracks 16.02% on current figures, and rental yield reads 6.23% at a $765,000 purchase. Equity gained on principal adds $4,936/yr, and 5% annual appreciation supports $211,355 over five years. Five-year ROI reaches 82.1% and total cumulative return in cash sums $206,639. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,974/mo property income instead of your personal income.

Single Family

Built in 1900

2,783 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 02176, Melrose, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,677 (100%)
Owner Occupied HU	7,802 (61.5%)
Renter Occupied HU	4,389 (34.6%)
Vacant Housing Units	486 ( 3.8%)
Median Home Value	$854,921
Average Home Value	$937,328