33 Prospect StMaldenMA02148
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 Malden at 33 Prospect St, Malden, MA, 02148 generates $4,651/mo in rent, after a $3,916/mo payment. Total monthly income is $4,651/mo. Return on cash invested sits at 18.27% in year one, and rental yield is 6.98% on a $799,999 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $221,025 over five years. Five-year ROI reaches 94.2% and total cumulative return in cash sums $247,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,651/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
3,498 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: Thomas Schlapp • Metropolitan Boston Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73424582