40 Upland Rd, Melrose, MA, 02176 | 3.87% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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40 Upland Rd, Melrose, MA, 02176 | 3.87% Rental Yield | Ziffy

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 Melrose at 40 Upland Rd, Melrose, MA, 02176 listed at $1,999,900 pairs $6,457/mo rent with a $9,789/mo payment. Total monthly income runs $6,457/mo. Return on cash invested measures 8.98% in year one, and rental yield registers 3.87% at a $1,999,900 basis. Equity gained on principal adds $12,905/yr, and annual property appreciation at 5% supports $552,536 by year five. Five-year ROI tracks 44.31% and total cumulative return in cash totals $287,100. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,457/mo property income relative to a $9,789/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1898

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this exquisite 5-bedroom, 4-1/2 bath residence nestled in one of Melrose most sought after neighborhoods. This completely rebuilt, expanded & tastefully renovated home is one of a kind, offering a perfect blend of elegance & modern sophistication for a lifestyle of luxury & comfort. Step inside to discover a beautifully designed interior that exudes charm & style at every turn. The stunning chef's kitchen features a dining area, top-of-the-line appliances, custom cabinetry & a spacious island w adjacent family room. The expansive, beautiful living spaces have great flow & are bathed in natural light. The primary bedroom features a large walk In closet & a spa-like bath. 4 add'l beds offer space for all. Walk up attic offers 2 additional guest bedrooms / home office and playroom area. Lower level w/ fabulous gym space, full bathroom & wet bar. Fabulous rear patio & private yard perfect for family enjoyment. All new systems, 2 car garage detached with EV charging.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02176, Melrose, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,677 (100%)
Owner Occupied HU	7,802 (61.5%)
Renter Occupied HU	4,389 (34.6%)
Vacant Housing Units	486 ( 3.8%)
Median Home Value	$854,921
Average Home Value	$937,328