32 Whites Ave #E221WatertownMA02472
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
Investment property for sale in Watertown at 32 Whites Ave #E221, Watertown, MA, 02472 listed at $548,000 pairs $3,686/mo rent with a $2,682/mo payment to leave $232/mo cash flow. Total monthly income runs $3,686/mo, and annual cash flow reaches $2,787/yr on $180,292 cash to close. Return on cash invested measures 21.61% in year one, and rental yield registers 8.07% at a $548,000 basis. Equity gained on principal adds $3,536/yr, and annual property appreciation at 5% supports $151,402 by year five. Five-year ROI tracks 112.08% and total cumulative return in cash totals $202,074. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,686/mo property income relative to a $2,682/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02472, Watertown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,617 (100%) |
| Owner Occupied HU | 7,572 (43.0%) |
| Renter Occupied HU | 9,093 (51.6%) |
| Vacant Housing Units | 952 ( 5.4%) |
| Median Home Value | $870,411 |
| Average Home Value | $952,094 |
Housing Distribution
Address Breakdown
Residential
16,998
Single Family
12,161
Multi-Family
4,837
Businesses
1,213
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Leahey • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73415744