43 Bates Rd #43WatertownMA02472
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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 Watertown at 43 Bates Rd #43, Watertown, MA, 02472 offers $4,189/mo rent that, after a $5,408/mo payment. Total monthly income is $4,189/mo. Return on cash invested measures 10.4% in year one, and rental yield stands at 4.55% at a $1,105,000 entry. Equity gained on principal adds $7,130/yr while 5% annual appreciation compounds into $305,291 by year five. Five-year ROI records 52.13% and total cumulative return in cash reaches $186,641. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,189/mo property income versus a $5,408/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1913
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02472, Watertown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,617 (100%) |
| Owner Occupied HU | 7,572 (43.0%) |
| Renter Occupied HU | 9,093 (51.6%) |
| Vacant Housing Units | 952 ( 5.4%) |
| Median Home Value | $870,411 |
| Average Home Value | $952,094 |
Housing Distribution
Address Breakdown
Residential
16,998
Single Family
12,161
Multi-Family
4,837
Businesses
1,213
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Listed by: Daniel Arnao • Coldwell Banker Realty - Hingham
Mls Name: MLS PIN
Mls ID: #73374272
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