164 Galen St APT 88WatertownMA02472
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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 Watertown at 164 Galen St APT 88, Watertown, MA, 02472 generates $3,527/mo in rent and, after a $2,198/mo payment, leaves $697/mo in cash flow. Total monthly income is $3,527/mo, and annual cash flow is $8,360/yr on $148,844 invested. Return on cash invested sits at 25.53% in year one, and rental yield is 9.43% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 133.1% and total cumulative return in cash sums $198,112. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,527/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02472, Watertown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,617 (100%) |
| Owner Occupied HU | 7,572 (43.0%) |
| Renter Occupied HU | 9,093 (51.6%) |
| Vacant Housing Units | 952 ( 5.4%) |
| Median Home Value | $870,411 |
| Average Home Value | $952,094 |
Housing Distribution
Address Breakdown
Residential
16,998
Single Family
12,161
Multi-Family
4,837
Businesses
1,213
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Listed by: DelRose McShane Team • Coldwell Banker Realty - Belmont
Mls Name: MLS PIN
Mls ID: #73448172