15 Wiley Rd #15BelmontMA02478
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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 Belmont at 15 Wiley Rd #15, Belmont, MA, 02478 listed at $789,900 pairs $4,621/mo rent with a $3,866/mo payment. Total monthly income runs $4,621/mo. Return on cash invested measures 18.41% in year one, and rental yield registers 7.02% at a $789,900 basis. Equity gained on principal adds $5,097/yr, and annual property appreciation at 5% supports $218,235 by year five. Five-year ROI tracks 94.92% and total cumulative return in cash totals $246,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,621/mo property income relative to a $3,866/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1926
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02478, Belmont, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,856 (100%) |
| Owner Occupied HU | 6,320 (58.2%) |
| Renter Occupied HU | 3,883 (35.8%) |
| Vacant Housing Units | 653 ( 6.0%) |
| Median Home Value | $1,215,863 |
| Average Home Value | $1,284,804 |
Housing Distribution
Address Breakdown
Residential
10,173
Single Family
9,309
Multi-Family
864
Businesses
844
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Listed by: Carol Ann Berberian • New England Classic Properties
Mls Name: MLS PIN
Mls ID: #73466061