166 Parker St APT 4, Maynard, MA, 01754 | $422/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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166 Parker St APT 4, Maynard, MA, 01754 | $422/mo Cash Flow | Ziffy

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 Maynard at 166 Parker St APT 4, Maynard, MA, 01754 uses $115,694 cash to close to unlock $5,070/yr annual cash flow and $422/mo monthly cash flow. Total monthly income runs $2,622/mo, and a $1,708/mo payment keeps the spread at $422/mo. Purchase price stands at $349,000, and rental yield measures 9.02% with $2,622/mo rent. Return on cash invested shows 24.29% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 126.51% and total cumulative return in cash records $146,364. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,622/mo property income covering a $1,708/mo payment rather than investor’s personal income.

Townhouse

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 166 Parker Street, Unit 4! Completely renovated in 2020, this single-level condominium offers modern comfort and convenience in a unique setting. One of five free-standing units arranged around a shared courtyard, this home has no shared walls and features its own large exclusive-use backyardperfect for pets and outdoor enjoyment. Updates include roof, siding, insulation, heating, electrical, hot water, and central air. The interior boasts gleaming hardwood floors, a granite and stainless kitchen, and in-unit laundry tucked neatly in its own closet. The bright, updated bath features ceramic tile, and the second bedroom offers great flexibility for a guest room or home office. Enjoy ample basement storage, two deeded parking spaces, and low condo fees. Conveniently located near schools, major commuter routes, Maynard Crossing shops and restaurants, and outdoor recreation at the Assabet River Rail Trail and Wildlife Refuge.