3 Franklin St #C, Somerville, MA, 02145 | 6.99% Rental Yield

For Sale

Listed for sale 4 days ago

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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

Rental property for sale in Somerville at 3 Franklin St #C, Somerville, MA, 02145 priced at $765,000 pairs $4,456/mo rent with after a $3,744/mo payment. Total monthly income equals $4,456/mo. Return on cash invested is 18.32% in year one, and rental yield stands at 6.99% on a $765,000 basis. Equity gained on principal adds $4,936/yr, and 5% annual appreciation accumulates to $211,355 by year five. Five-year ROI measures 94.42% and total cumulative return in cash reaches $237,647. For financing, Ziffy Mortgage’s DSCR program evaluates $4,456/mo property income against a $3,744/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 1900

N/A lot

$N/A/sqft

No HOA