43 Park St UNIT 18SomervilleMA02143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Somerville at 43 Park St UNIT 18, Somerville, MA, 02143 listed at $1,350,000 pairs $5,851/mo rent with a $6,608/mo payment. Total monthly income runs $5,851/mo. Return on cash invested measures 13.08% in year one, and rental yield registers 5.2% at a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and annual property appreciation at 5% supports $372,980 by year five. Five-year ROI tracks 66.26% and total cumulative return in cash totals $289,817. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,851/mo property income relative to a $6,608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02143, Somerville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,389 (100%) |
| Owner Occupied HU | 3,740 (27.9%) |
| Renter Occupied HU | 8,653 (64.6%) |
| Vacant Housing Units | 996 ( 7.4%) |
| Median Home Value | $980,543 |
| Average Home Value | $1,088,768 |
Housing Distribution
Address Breakdown
Residential
11,608
Single Family
6,984
Multi-Family
4,624
Businesses
915
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denis Topakov • Mason Management Residential LLC
Mls Name: MLS PIN
Mls ID: #73432030