23 Nahant AveWinthropMA02152
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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 Winthrop at 23 Nahant Ave, Winthrop, MA, 02152 listed at $1,380,000 pairs $3,955/mo rent with a $6,754/mo payment. Total monthly income runs $3,955/mo. Return on cash invested measures 7.64% in year one, and rental yield registers 3.44% at a $1,380,000 basis. Equity gained on principal adds $8,905/yr, and annual property appreciation at 5% supports $381,269 by year five. Five-year ROI tracks 37.11% and total cumulative return in cash totals $165,940. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,955/mo property income relative to a $6,754/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02152, Winthrop, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,635 (100%) |
| Owner Occupied HU | 4,584 (53.1%) |
| Renter Occupied HU | 3,489 (40.4%) |
| Vacant Housing Units | 562 ( 6.5%) |
| Median Home Value | $676,324 |
| Average Home Value | $712,386 |
Housing Distribution
Address Breakdown
Residential
7,816
Single Family
5,693
Multi-Family
2,123
Businesses
424
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Listed by: Souzan Davood Team • Coldwell Banker Realty - Newton
Mls Name: MLS PIN
Mls ID: #73428627