217-221 Highland Ave #2MaldenMA02148
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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 Malden at 217-221 Highland Ave #2, Malden, MA, 02148 listed at $412,900 pairs $4,127/mo rent with a $2,021/mo payment to leave $1,135/mo cash flow. Total monthly income runs $4,127/mo, and annual cash flow reaches $13,614/yr on $136,876 cash to close. Return on cash invested measures 29.86% in year one, and rental yield registers 11.99% at a $412,900 basis. Equity gained on principal adds $2,664/yr, and annual property appreciation at 5% supports $114,077 by year five. Five-year ROI tracks 157.58% and total cumulative return in cash totals $215,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,127/mo property income relative to a $2,021/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1920
N/A lot
$N/A/sqft
$390 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02148, Malden, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,137 (100%) |
| Owner Occupied HU | 10,310 (36.6%) |
| Renter Occupied HU | 16,048 (57.0%) |
| Vacant Housing Units | 1,779 ( 6.3%) |
| Median Home Value | $678,935 |
| Average Home Value | $743,094 |
Housing Distribution
Address Breakdown
Residential
26,437
Single Family
16,118
Multi-Family
10,319
Businesses
1,432
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A