375 Canal St #1103, Somerville, MA, 02145 | 7.16% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Somerville at 375 Canal St #1103, Somerville, MA, 02145 earns from $5,370/mo rent with a $4,405/mo payment. Total monthly income totals $5,370/mo. ROI tracks 18.83% on current figures, and rental yield reads 7.16% at a $899,999 purchase. Equity gained on principal adds $5,808/yr, and 5% annual appreciation supports $248,653 over five years. Five-year ROI reaches 97.2% and total cumulative return in cash sums $287,795. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,370/mo property income instead of your personal income.

Condo

Built in 2018

N/A lot

$N/A/sqft

No HOA