27 Wave Ave #CRevereMA02151
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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 Revere at 27 Wave Ave #C, Revere, MA, 02151 with 5% annual appreciation on a $499,900 basis while $4,619/mo rent supports operations. Total monthly income totals $4,619/mo and a $2,447/mo payment preserves $1,468/mo for cash returns. Annual cash flow comes to $17,616/yr on $165,717 deployed, and return on cash invested reaches 30.54% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,113 alongside rental yield of 11.09%. Five-year ROI measures 159.98% and total cumulative return in cash totals $265,116.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,619/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02151, Revere, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,738 (100%) |
| Owner Occupied HU | 10,397 (40.4%) |
| Renter Occupied HU | 13,021 (50.6%) |
| Vacant Housing Units | 2,320 ( 9.0%) |
| Median Home Value | $621,936 |
| Average Home Value | $649,543 |
Housing Distribution
Address Breakdown
Residential
22,364
Single Family
14,226
Multi-Family
8,138
Businesses
1,047
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Listed by: Noelle Degregorio • eXp Realty
Mls Name: MLS PIN
Mls ID: #73459059