301 Forest StMaldenMA02148
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 301 Forest St, Malden, MA, 02148 in Malden earns a 8.4% gross yield at $629,900. Rent of $4,409/mo nets $439/mo after the $2,832/mo mortgage. The 1.56 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $174,030 and $5,801/yr in equity accumulation project a total cumulative return of $267,407.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 7.0% |
| Monthly Cash Flow | $439 | $500 |
City averages based on Malden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,409 |
| Total Monthly Debt Service | $3,720 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
4,461 sqft 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
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
Single Family
Built in 1930
4,461 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73495609