394 Plainfield Rd #394ConcordMA01742
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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 Concord at 394 Plainfield Rd #394, Concord, MA, 01742 earns from $4,997/mo rent with a $4,625/mo payment. Total monthly income totals $4,997/mo. ROI tracks 16.36% on current figures, and rental yield reads 6.35% at a $945,000 purchase. Equity gained on principal adds $6,098/yr, and 5% annual appreciation supports $261,086 over five years. Five-year ROI reaches 83.93% and total cumulative return in cash sums $260,944. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,997/mo property income instead of your personal income.
Townhouse
Built in 1816
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01742, Concord, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,211 (100%) |
| Owner Occupied HU | 5,143 (71.3%) |
| Renter Occupied HU | 1,557 (21.6%) |
| Vacant Housing Units | 511 ( 7.1%) |
| Median Home Value | $1,306,655 |
| Average Home Value | $1,395,371 |
Housing Distribution
Address Breakdown
Residential
7,177
Single Family
5,766
Multi-Family
1,411
Businesses
1,309
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Listed by: Senkler, Pasley & Whitney • Coldwell Banker Realty - Concord
Mls Name: MLS PIN
Mls ID: #73429778