22 Adams StMelroseMA02176
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 Melrose at 22 Adams St, Melrose, MA, 02176 at $689,000 posts ROI 22.89% with $534/mo cash flow from $4,876/mo rent. Total monthly income equals $4,876/mo, and annual cash flow records $6,404/yr on $226,681 to close. Return on cash invested measures 22.89% and rental yield reads 8.49% at the current $689,000. Equity gained on principal adds $4,446/yr, and 5% annual appreciation supports $190,358 by year five. Five-year ROI prints 118.92% and total cumulative return in cash totals $269,562.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,876/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
4,813 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02176, Melrose, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,677 (100%) |
| Owner Occupied HU | 7,802 (61.5%) |
| Renter Occupied HU | 4,389 (34.6%) |
| Vacant Housing Units | 486 ( 3.8%) |
| Median Home Value | $854,921 |
| Average Home Value | $937,328 |
Housing Distribution
Address Breakdown
Residential
12,344
Single Family
8,744
Multi-Family
3,600
Businesses
665
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher King • Leading Edge Real Estate
Mls Name: MLS PIN
Mls ID: #73438263