15 Staples Ave APT 41EverettMA02149
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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
Rental property for sale in Everett at 15 Staples Ave APT 41, Everett, MA, 02149 generates $2,950/mo in rent and, after a $1,757/mo payment, leaves $687/mo in cash flow. Total monthly income is $2,950/mo, and annual cash flow is $8,249/yr on $119,009 invested. Return on cash invested sits at 26.84% in year one, and rental yield is 9.86% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 140.17% and total cumulative return in cash sums $166,819. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,950/mo property income rather than buyer’s personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02149, Everett, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,232 (100%) |
| Owner Occupied HU | 6,390 (33.2%) |
| Renter Occupied HU | 11,533 (60.0%) |
| Vacant Housing Units | 1,309 ( 6.8%) |
| Median Home Value | $663,330 |
| Average Home Value | $770,097 |
Housing Distribution
Address Breakdown
Residential
16,494
Single Family
12,457
Multi-Family
4,037
Businesses
1,229
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Listed by: Valvel Temin • Rise Signature Homes
Mls Name: MLS PIN
Mls ID: #73411833