31 Mills AveRevereMA02151
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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 Revere at 31 Mills Ave, Revere, MA, 02151 at $625,000 posts ROI 19.35% with from $3,818/mo rent. Total monthly income equals $3,818/mo. Return on cash invested measures 19.35% and rental yield reads 7.33% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 99.97% and total cumulative return in cash totals $205,573. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,818/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
5,593 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02151, Revere, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,738 (100%) |
| Owner Occupied HU | 10,397 (40.4%) |
| Renter Occupied HU | 13,021 (50.6%) |
| Vacant Housing Units | 2,320 ( 9.0%) |
| Median Home Value | $621,936 |
| Average Home Value | $649,543 |
Housing Distribution
Address Breakdown
Residential
22,364
Single Family
14,226
Multi-Family
8,138
Businesses
1,047
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Listed by: Angie's Home Team • North Star RE Agents, LLC
Mls Name: MLS PIN
Mls ID: #73460040