28 Shawmut StMaldenMA02148
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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 Malden at 28 Shawmut St, Malden, MA, 02148 priced at $669,900 converts $4,246/mo rent into $24/mo cash flow after a $3,279/mo obligation. Total monthly income equals $4,246/mo, and annual cash flow totals $283/yr on $220,397 invested. Return on cash invested prints 20.19% in year one, and rental yield reads 7.61% against a $669,900 entry. Equity gained on principal adds $4,323/yr, while 5% annual appreciation compiles into $185,081 by year five. Five-year ROI reaches 104.46% and total cumulative return in cash sums $230,229. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,246/mo property income covering a $3,279/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
4,151 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: Diane Chuha • Bond Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73446721