17 Cherry St #1MedfordMA02155
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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 Medford at 17 Cherry St #1, Medford, MA, 02155 priced at $949,900 converts $5,610/mo rent into after a $4,649/mo obligation. Total monthly income equals $5,610/mo. Return on cash invested prints 18.61% in year one, and rental yield reads 7.09% against a $949,900 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation compiles into $262,440 by year five. Five-year ROI reaches 96.02% and total cumulative return in cash sums $300,078. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,610/mo property income covering a $4,649/mo payment, not borrower’s personal income.
Townhouse
Built in 1925
N/A lot
$N/A/sqft
No HOA
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Listed by: Erius Monpremier • My First Realty Group
Mls Name: MLS PIN
Mls ID: #73402263
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