200 Ledgewood Dr APT 505StonehamMA02180
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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
Investment property for sale in Stoneham at 200 Ledgewood Dr APT 505, Stoneham, MA, 02180 listed at $489,900 pairs $3,091/mo rent with a $2,398/mo payment to leave $3/mo cash flow. Total monthly income runs $3,091/mo, and annual cash flow reaches $37/yr on $162,402 cash to close. Return on cash invested measures 19.93% in year one, and rental yield registers 7.57% at a $489,900 basis. Equity gained on principal adds $3,161/yr, and annual property appreciation at 5% supports $135,350 by year five. Five-year ROI tracks 103.13% and total cumulative return in cash totals $167,489. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,091/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02180, Stoneham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,649 (100%) |
| Owner Occupied HU | 6,678 (62.7%) |
| Renter Occupied HU | 3,597 (33.8%) |
| Vacant Housing Units | 374 ( 3.5%) |
| Median Home Value | $715,824 |
| Average Home Value | $796,350 |
Housing Distribution
Address Breakdown
Residential
10,121
Single Family
6,549
Multi-Family
3,572
Businesses
841
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Listed by: Victoria Kluse • Century 21 North East
Mls Name: MLS PIN
Mls ID: #73449199