29 Main St #1, Somerville, MA, 02145 | $420/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Somerville at 29 Main St #1, Somerville, MA, 02145 offers a 8.62% rental yield on a $475,000 purchase with $3,414/mo rent. Total monthly income registers $3,414/mo, and a $2,325/mo payment leaves $420/mo available for distribution. Annual cash flow reaches $5,040/yr on $157,463 to close, and return on cash invested stands at 23.11% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 120.18% and total cumulative return in cash at $189,235. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,414/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1920

N/A lot

$N/A/sqft

No HOA