30 Franklin St UNIT 124MaldenMA02148
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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
Rental property for sale in Malden at 30 Franklin St UNIT 124, Malden, MA, 02148 generates $3,714/mo in rent and, after a $2,691/mo payment, leaves $249/mo in cash flow. Total monthly income is $3,714/mo, and annual cash flow is $2,983/yr on $180,917 invested. Return on cash invested sits at 21.71% in year one, and rental yield is 8.1% on a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 112.62% and total cumulative return in cash sums $203,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,714/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02148, Malden, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,137 (100%) |
| Owner Occupied HU | 10,310 (36.6%) |
| Renter Occupied HU | 16,048 (57.0%) |
| Vacant Housing Units | 1,779 ( 6.3%) |
| Median Home Value | $678,935 |
| Average Home Value | $743,094 |
Housing Distribution
Address Breakdown
Residential
26,437
Single Family
16,118
Multi-Family
10,319
Businesses
1,432
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Listed by: Harry Silverstein • Keller Williams Realty Boston Northwest
Mls Name: MLS PIN
Mls ID: #73468934