45 Merrimac St APT 30WoburnMA01801
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 Woburn at 45 Merrimac St APT 30, Woburn, MA, 01801 listed at $499,000 pairs $3,668/mo rent with a $2,442/mo payment to leave $523/mo cash flow. Total monthly income runs $3,668/mo, and annual cash flow reaches $6,279/yr on $165,419 cash to close. Return on cash invested measures 23.7% in year one, and rental yield registers 8.82% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 123.36% and total cumulative return in cash totals $204,054. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,668/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01801, Woburn, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,379 (100%) |
| Owner Occupied HU | 10,223 (55.6%) |
| Renter Occupied HU | 7,149 (38.9%) |
| Vacant Housing Units | 1,007 ( 5.5%) |
| Median Home Value | $719,052 |
| Average Home Value | $775,984 |
Housing Distribution
Address Breakdown
Residential
17,863
Single Family
13,195
Multi-Family
4,668
Businesses
2,984
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janet Halloran • RE/MAX Real Estate Center
Mls Name: MLS PIN
Mls ID: #73425885