28 Pearl Ave #3WinthropMA02152
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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
Rental property for sale in Winthrop at 28 Pearl Ave #3, Winthrop, MA, 02152 priced at $545,000 pairs $3,341/mo rent with after a $2,668/mo payment. Total monthly income equals $3,341/mo. Return on cash invested is 19.43% in year one, and rental yield stands at 7.36% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 100.39% and total cumulative return in cash reaches $180,000. For financing, Ziffy Mortgage’s DSCR program evaluates $3,341/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1900
N/A 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: The Reference Group • Reference Real Estate
Mls Name: MLS PIN
Mls ID: #73452771