256 Summer StMaldenMA02148
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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 Malden at 256 Summer St, Malden, MA, 02148 at $649,000 posts ROI 24.13% with $725/mo cash flow from $4,816/mo rent. Total monthly income equals $4,816/mo, and annual cash flow records $8,700/yr on $213,521 to close. Return on cash invested measures 24.13% and rental yield reads 8.9% at the current $649,000. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 by year five. Five-year ROI prints 125.61% and total cumulative return in cash totals $268,212.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,816/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1927
8,795 sqft lot
$N/A/sqft
No 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: Jacqueline Veri • Berkshire Hathaway HomeServices Commonwealth Real Estate
Mls Name: MLS PIN
Mls ID: #73416753