317 Summit Ave APT 9BrightonMA02135
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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 Brighton at 317 Summit Ave APT 9, Brighton, MA, 02135 generates $3,284/mo in rent, after a $2,937/mo payment. Total monthly income is $3,284/mo. Return on cash invested sits at 17.03% in year one, and rental yield is 6.57% on a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 87.53% and total cumulative return in cash sums $172,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,284/mo property income rather than buyer’s personal income.
Condo
Built in 1960
710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02135, Brighton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,602 (100%) |
| Owner Occupied HU | 4,576 (19.4%) |
| Renter Occupied HU | 17,332 (73.4%) |
| Vacant Housing Units | 1,694 ( 7.2%) |
| Median Home Value | $758,056 |
| Average Home Value | $799,045 |
Housing Distribution
Address Breakdown
Residential
23,145
Single Family
7,348
Multi-Family
15,797
Businesses
904
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Listed by: Michael Eustace • NextGen Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73428690