38 Van Vechten StWalthamMA02452
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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 Waltham at 38 Van Vechten St, Waltham, MA, 02452 priced at $799,900 converts $5,076/mo rent into $34/mo cash flow after a $3,915/mo obligation. Total monthly income equals $5,076/mo, and annual cash flow totals $414/yr on $263,167 invested. Return on cash invested prints 20.22% in year one, and rental yield reads 7.61% against a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $220,998 by year five. Five-year ROI reaches 104.62% and total cumulative return in cash sums $275,328. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,076/mo property income covering a $3,915/mo payment, not borrower’s personal income.
Single Family
Built in 1936
5,807 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02452, Waltham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,229 (100%) |
| Owner Occupied HU | 2,813 (53.8%) |
| Renter Occupied HU | 2,140 (40.9%) |
| Vacant Housing Units | 276 ( 5.3%) |
| Median Home Value | $834,778 |
| Average Home Value | $895,757 |
Housing Distribution
Address Breakdown
Residential
5,369
Single Family
3,522
Multi-Family
1,847
Businesses
411
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Listed by: Glenna Gelineau • Gelineau & Associates, R.E.
Mls Name: MLS PIN
Mls ID: #73428633