4 Cross St APT 1MaldenMA02148
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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 Malden at 4 Cross St APT 1, Malden, MA, 02148 offers $2,461/mo rent that, after a $2,203/mo payment. Total monthly income is $2,461/mo. Return on cash invested measures 16.89% in year one, and rental yield stands at 6.56% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 86.8% and total cumulative return in cash reaches $129,486. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,461/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02148, Malden, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,137 (100%) |
| Owner Occupied HU | 10,310 (36.6%) |
| Renter Occupied HU | 16,048 (57.0%) |
| Vacant Housing Units | 1,779 ( 6.3%) |
| Median Home Value | $678,935 |
| Average Home Value | $743,094 |
Housing Distribution
Address Breakdown
Residential
26,437
Single Family
16,118
Multi-Family
10,319
Businesses
1,432
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Listed by: Mike Urban • eXp Realty
Mls Name: MLS PIN
Mls ID: #73455675