206-206 Cedar St #RWellesley HillsMA02481
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 Wellesley Hills at 206-206 Cedar St #R, Wellesley Hills, MA, 02481 earns from $5,940/mo rent with a $5,966/mo payment. Total monthly income totals $5,940/mo. ROI tracks 15.07% on current figures, and rental yield reads 5.85% at a $1,219,000 purchase. Equity gained on principal adds $7,866/yr, and 5% annual appreciation supports $336,787 over five years. Five-year ROI reaches 76.98% and total cumulative return in cash sums $304,033. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,940/mo property income instead of your personal income.
Single Family
Built in 1951
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02481, Wellesley Hills, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,433 (100%) |
| Owner Occupied HU | 4,198 (77.3%) |
| Renter Occupied HU | 991 (18.2%) |
| Vacant Housing Units | 244 ( 4.5%) |
| Median Home Value | $1,661,576 |
| Average Home Value | $1,639,857 |
Housing Distribution
Address Breakdown
Residential
5,419
Single Family
4,767
Multi-Family
652
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teri Adler • MGS Group Real Estate LTD - Wellesley
Mls Name: MLS PIN
Mls ID: #73430099