200 Ledgewood Dr APT 601StonehamMA02180
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
Investment Highlights
Investment property for sale in Stoneham at 200 Ledgewood Dr APT 601, Stoneham, MA, 02180 listed at $549,000 pairs $4,260/mo rent with a $2,687/mo payment to leave $800/mo cash flow. Total monthly income runs $4,260/mo, and annual cash flow reaches $9,598/yr on $180,621 cash to close. Return on cash invested measures 25.37% in year one, and rental yield registers 9.31% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 132.25% and total cumulative return in cash totals $238,880. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,260/mo property income relative to a $2,687/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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hunter Ware • Access
Mls Name: MLS PIN
Mls ID: #73429858