350 Revere Beach Blvd #4PRevereMA02151
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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 Revere at 350 Revere Beach Blvd #4P, Revere, MA, 02151 offers a 7.75% rental yield on a $582,300 purchase with $3,762/mo rent. Total monthly income registers $3,762/mo, and a $2,850/mo payment leaves $92/mo available for distribution. Annual cash flow reaches $1,103/yr on $191,577 to close, and return on cash invested stands at 20.64% in year one. Equity gained on principal adds $3,757/yr while 5% annual appreciation supports $160,879 over five years. Portfolio math shows five-year ROI at 106.85% and total cumulative return in cash at $204,707. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,762/mo property income against a $2,850/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02151, Revere, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,738 (100%) |
| Owner Occupied HU | 10,397 (40.4%) |
| Renter Occupied HU | 13,021 (50.6%) |
| Vacant Housing Units | 2,320 ( 9.0%) |
| Median Home Value | $621,936 |
| Average Home Value | $649,543 |
Housing Distribution
Address Breakdown
Residential
22,364
Single Family
14,226
Multi-Family
8,138
Businesses
1,047
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