21 High StSomervilleMA02144
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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 Somerville at 21 High St, Somerville, MA, 02144 with 5% annual appreciation on a $1,195,000 basis while $3,694/mo rent supports operations. 47% in year one. Equity gained on principal adds $7,711/yr, and five-year appreciation sums $330,156 alongside rental yield of 3.71%. Five-year ROI measures 41.59% and total cumulative return in cash totals $161,030. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,694/mo property income versus a $5,849/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1920
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02144, Somerville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,741 (100%) |
| Owner Occupied HU | 3,787 (32.3%) |
| Renter Occupied HU | 7,416 (63.2%) |
| Vacant Housing Units | 538 ( 4.6%) |
| Median Home Value | $1,132,714 |
| Average Home Value | $1,216,709 |
Housing Distribution
Address Breakdown
Residential
10,584
Single Family
7,809
Multi-Family
2,775
Businesses
616
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Listed by: The Shorey Realty Group • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73427810