16 Converse StBrightonMA02135
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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 Brighton at 16 Converse St, Brighton, MA, 02135 offers $5,663/mo rent that, after a $3,500/mo payment, leaves $1,156/mo cash flow. Total monthly income is $5,663/mo, and annual cash flow is $13,872/yr on $235,235 cash. Return on cash invested measures 25.96% in year one, and rental yield stands at 9.5% at a $715,000 entry. Equity gained on principal adds $4,614/yr while 5% annual appreciation compounds into $197,541 by year five. Five-year ROI records 135.41% and total cumulative return in cash reaches $318,525. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,663/mo property income versus a $3,500/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1917
3,463 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02135, Brighton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,602 (100%) |
| Owner Occupied HU | 4,576 (19.4%) |
| Renter Occupied HU | 17,332 (73.4%) |
| Vacant Housing Units | 1,694 ( 7.2%) |
| Median Home Value | $758,056 |
| Average Home Value | $799,045 |
Housing Distribution
Address Breakdown
Residential
23,145
Single Family
7,348
Multi-Family
15,797
Businesses
904
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Listed by: Norman O'Grady • RE/MAX On the Charles
Mls Name: MLS PIN
Mls ID: #73468261