333 Common StBelmontMA02478
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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 Belmont at 333 Common St, Belmont, MA, 02478 priced at $1,100,000 converts $4,052/mo rent into after a $5,384/mo obligation. Total monthly income equals $4,052/mo. Return on cash invested prints 10.67% in year one, and rental yield reads 4.42% against a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation compiles into $303,910 by year five. Five-year ROI reaches 53.35% and total cumulative return in cash sums $190,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,052/mo property income covering a $5,384/mo payment, not borrower’s personal income.
Single Family
Built in 1932
5,669 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02478, Belmont, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,856 (100%) |
| Owner Occupied HU | 6,320 (58.2%) |
| Renter Occupied HU | 3,883 (35.8%) |
| Vacant Housing Units | 653 ( 6.0%) |
| Median Home Value | $1,215,863 |
| Average Home Value | $1,284,804 |
Housing Distribution
Address Breakdown
Residential
10,173
Single Family
9,309
Multi-Family
864
Businesses
844
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Listed by: The Joyce Team • Compass
Mls Name: MLS PIN
Mls ID: #73424785