390 Broadway APT 24, Somerville, MA, 02145 | $127/mo Cash Flow

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 390 Broadway APT 24, Somerville, MA, 02145 uses $148,512 cash to close to unlock $1,525/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $2,951/mo, and a $2,193/mo payment keeps the spread at $127/mo. Purchase price stands at $448,000, and rental yield measures 7.9% with $2,951/mo rent. Return on cash invested shows 20.94% in year one, and 5% annual appreciation builds toward $123,774 over five years. Five-year ROI reaches 108.52% and total cumulative return in cash records $161,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,951/mo property income covering a $2,193/mo payment rather than investor’s personal income.

Condo

Built in 1978

N/A lot

$N/A/sqft

No HOA