35 Harrison StSomervilleMA02143
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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
Investment property for sale in Somerville at 35 Harrison St, Somerville, MA, 02143 listed at $1,240,000 pairs $4,992/mo rent with a $6,069/mo payment. Total monthly income runs $4,992/mo. Return on cash invested measures 11.94% in year one, and rental yield registers 4.83% at a $1,240,000 basis. Equity gained on principal adds $8,002/yr, and annual property appreciation at 5% supports $342,589 by year five. Five-year ROI tracks 60.15% and total cumulative return in cash totals $241,650. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,992/mo property income relative to a $6,069/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1905
2,848 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02143, Somerville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,389 (100%) |
| Owner Occupied HU | 3,740 (27.9%) |
| Renter Occupied HU | 8,653 (64.6%) |
| Vacant Housing Units | 996 ( 7.4%) |
| Median Home Value | $980,543 |
| Average Home Value | $1,088,768 |
Housing Distribution
Address Breakdown
Residential
11,608
Single Family
6,984
Multi-Family
4,624
Businesses
915
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Listed by: Jeffrey Indeck • Oxford Street Realty
Mls Name: MLS PIN
Mls ID: #73333430
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