421 Main St #3CharlestownMA02129
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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 Charlestown at 421 Main St #3, Charlestown, MA, 02129 offers a 7.24% rental yield on a $824,000 purchase with $4,970/mo rent. 36% in year one. Equity gained on principal adds $5,317/yr while 5% annual appreciation supports $227,656 over five years. Portfolio math shows five-year ROI at 94.92% and total cumulative return in cash at $257,335. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,970/mo property income against a $4,033/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1899
N/A lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02129, Charlestown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,420 (100%) |
| Owner Occupied HU | 4,101 (43.5%) |
| Renter Occupied HU | 4,655 (49.4%) |
| Vacant Housing Units | 664 ( 7.0%) |
| Median Home Value | $978,367 |
| Average Home Value | $1,127,259 |
Housing Distribution
Address Breakdown
Residential
8,644
Single Family
3,214
Multi-Family
5,430
Businesses
687
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Listed by: Christopher Scangas • Berkshire Hathaway HomeServices Verani Realty
Mls Name: MLS PIN
Mls ID: #73365950
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