289 Bishops Forest Dr #289WalthamMA02452
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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 Waltham at 289 Bishops Forest Dr #289, Waltham, MA, 02452 listed at $899,000 pairs $2,820/mo rent with a $4,400/mo payment. Total monthly income runs $2,820/mo. Return on cash invested measures 8.51% in year one, and rental yield registers 3.76% at a $899,000 basis. Equity gained on principal adds $5,801/yr, and annual property appreciation at 5% supports $248,377 by year five. Five-year ROI tracks 41.85% and total cumulative return in cash totals $123,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,820/mo property income relative to a $4,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1992
60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02452, Waltham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,229 (100%) |
| Owner Occupied HU | 2,813 (53.8%) |
| Renter Occupied HU | 2,140 (40.9%) |
| Vacant Housing Units | 276 ( 5.3%) |
| Median Home Value | $834,778 |
| Average Home Value | $895,757 |
Housing Distribution
Address Breakdown
Residential
5,369
Single Family
3,522
Multi-Family
1,847
Businesses
411
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Listed by: Suzanne Winchester Miller • Coldwell Banker Realty - Lexington
Mls Name: MLS PIN
Mls ID: #73468483