29 Cherry St #2WalthamMA02453
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 29 Cherry St #2, Waltham, MA, 02453 in Waltham at $1,149,900, 2.62% gross yield, is a market-growth asset. Rental yield 2.62%. The $2,510/mo rent partially funds the $5,171/mo debt service; the core return is the 5%/yr price growth projected to add $317,696 over five years. Ziffy Mortgage's DSCR mortgage (0.49) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $119,717.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 6.0% |
| Monthly Cash Flow | $(4,937) | $1,200 |
City averages based on Waltham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,510 |
| Total Monthly Debt Service | $6,990 |
| DSCR Ratio | 0.36x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$200 monthly HOA
Nearby investment properties with comparable rents
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
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$200 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave DiGregorio • Coldwell Banker Realty - Waltham
Mls Name: MLS PIN
Mls ID: #73363257
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