19 Melba WayHyde ParkMA02136
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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
Investment Highlights
Rental property for sale in Hyde Park at 19 Melba Way, Hyde Park, MA, 02136 priced at $586,500 converts $3,962/mo rent into $265/mo cash flow after a $2,871/mo obligation. Total monthly income equals $3,962/mo, and annual cash flow totals $3,180/yr on $192,959 invested. Return on cash invested prints 21.71% in year one, and rental yield reads 8.11% against a $586,500 entry. Equity gained on principal adds $3,785/yr, while 5% annual appreciation compiles into $162,039 by year five. Five-year ROI reaches 112.63% and total cumulative return in cash sums $217,329. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,962/mo property income covering a $2,871/mo payment, not borrower’s personal income.
Single Family
Built in 1960
5,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02136, Hyde Park, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,060 (100%) |
| Owner Occupied HU | 6,751 (51.7%) |
| Renter Occupied HU | 5,605 (42.9%) |
| Vacant Housing Units | 704 ( 5.4%) |
| Median Home Value | $605,654 |
| Average Home Value | $623,735 |
Housing Distribution
Address Breakdown
Residential
12,502
Single Family
10,178
Multi-Family
2,324
Businesses
757
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Listed by: Cynthia Vaughn Edwards • The Edwards Group, LLC
Mls Name: MLS PIN
Mls ID: #73403036
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