296 Old Bedford RdConcordMA01742
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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
Investment property for sale in Concord at 296 Old Bedford Rd, Concord, MA, 01742 uses $287,875 cash to close to unlock $3,513/yr annual cash flow and $293/mo monthly cash flow. Total monthly income runs $5,808/mo, and a $4,283/mo payment keeps the spread at $293/mo. Purchase price stands at $875,000, and rental yield measures 7.97% with $5,808/mo rent. Return on cash invested shows 21.28% in year one, and 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 110.31% and total cumulative return in cash records $317,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,808/mo property income covering a $4,283/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01742, Concord, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,211 (100%) |
| Owner Occupied HU | 5,143 (71.3%) |
| Renter Occupied HU | 1,557 (21.6%) |
| Vacant Housing Units | 511 ( 7.1%) |
| Median Home Value | $1,306,655 |
| Average Home Value | $1,395,371 |
Housing Distribution
Address Breakdown
Residential
7,177
Single Family
5,766
Multi-Family
1,411
Businesses
1,309
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Listed by: Dolores Granato • Barrett Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73399796