321 Park AveArlingtonMA02476
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
Rental property for sale in Arlington at 321 Park Ave, Arlington, MA, 02476 offers $4,079/mo rent that, after a $5,384/mo payment. Total monthly income is $4,079/mo. Return on cash invested measures 10.76% in year one, and rental yield stands at 4.45% at a $1,100,000 entry. Equity gained on principal adds $7,098/yr while 5% annual appreciation compounds into $303,910 by year five. Five-year ROI records 53.83% and total cumulative return in cash reaches $191,863. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,079/mo property income versus a $5,384/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
3,759 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02476, Arlington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,542 (100%) |
| Owner Occupied HU | 5,089 (67.5%) |
| Renter Occupied HU | 2,176 (28.9%) |
| Vacant Housing Units | 277 ( 3.7%) |
| Median Home Value | $937,898 |
| Average Home Value | $1,028,271 |
Housing Distribution
Address Breakdown
Residential
7,590
Single Family
5,630
Multi-Family
1,960
Businesses
683
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Nearby investment properties with comparable prices
Listed by: Julie Gibson • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73417719