40 Grand View AveRevereMA02151
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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 Revere at 40 Grand View Ave, Revere, MA, 02151 offers a 6.59% rental yield on a $640,000 purchase with $3,514/mo rent. 1% in year one. Equity gained on principal adds $4,130/yr while 5% annual appreciation supports $176,820 over five years. Portfolio math shows five-year ROI at 87.89% and total cumulative return in cash at $185,070. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,514/mo property income against a $3,132/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
3,702 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02151, Revere, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,738 (100%) |
| Owner Occupied HU | 10,397 (40.4%) |
| Renter Occupied HU | 13,021 (50.6%) |
| Vacant Housing Units | 2,320 ( 9.0%) |
| Median Home Value | $621,936 |
| Average Home Value | $649,543 |
Housing Distribution
Address Breakdown
Residential
22,364
Single Family
14,226
Multi-Family
8,138
Businesses
1,047
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Listed by: Anthony DelGreco • Chinatti Realty Group, Inc.
Mls Name: MLS PIN
Mls ID: #73447516