45 Read StWinthropMA02152
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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 Winthrop at 45 Read St, Winthrop, MA, 02152 with 5% annual appreciation on a $849,900 basis while $4,908/mo rent supports operations. 13% in year one. Equity gained on principal adds $5,484/yr, and five-year appreciation sums $234,812 alongside rental yield of 6.93%. Five-year ROI measures 93.45% and total cumulative return in cash totals $261,314. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,908/mo property income versus a $4,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
7,262 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02152, Winthrop, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,635 (100%) |
| Owner Occupied HU | 4,584 (53.1%) |
| Renter Occupied HU | 3,489 (40.4%) |
| Vacant Housing Units | 562 ( 6.5%) |
| Median Home Value | $676,324 |
| Average Home Value | $712,386 |
Housing Distribution
Address Breakdown
Residential
7,816
Single Family
5,693
Multi-Family
2,123
Businesses
424
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Listed by: William Stewart • Sgarzi & Stewart Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73464677