19 Burnham St APT B2BelmontMA02478
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 19 Burnham St APT B2, Belmont, MA, 02478 in Belmont offers a clean, manageable entry. Rental yield 6.18%. DSCR 1.14 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $182,070 in additional property value over five years, with $6,069/yr in principal equity building ownership stake. Total projected cumulative return: $175,838.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 5.1% |
| Monthly Cash Flow | $(1,184) | $850 |
City averages based on Belmont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,391 |
| Total Monthly Debt Service | $4,313 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
N/A lot
$N/A/sqft
$422 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1987
N/A lot
$N/A/sqft
$422 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices