3 Veterans LnStonehamMA02180
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
Investment Highlights
Rental property for sale in Stoneham at 3 Veterans Ln, Stoneham, MA, 02180 offers $4,795/mo rent that, after a $2,937/mo payment, leaves $1,013/mo cash flow. Total monthly income is $4,795/mo, and annual cash flow is $12,156/yr on $197,400 cash. Return on cash invested measures 26.22% in year one, and rental yield stands at 9.59% at a $599,999 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,769 by year five. Five-year ROI records 136.78% and total cumulative return in cash reaches $270,011. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,795/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
8,242 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02180, Stoneham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,649 (100%) |
| Owner Occupied HU | 6,678 (62.7%) |
| Renter Occupied HU | 3,597 (33.8%) |
| Vacant Housing Units | 374 ( 3.5%) |
| Median Home Value | $715,824 |
| Average Home Value | $796,350 |
Housing Distribution
Address Breakdown
Residential
10,121
Single Family
6,549
Multi-Family
3,572
Businesses
841
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie Hunt • North Star RE Agents, LLC
Mls Name: MLS PIN
Mls ID: #73464317