46 Bromfield RdSomervilleMA02144
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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 Somerville at 46 Bromfield Rd, Somerville, MA, 02144 at $1,589,000 posts ROI 10.94% with from $5,968/mo rent. Total monthly income equals $5,968/mo. Return on cash invested measures 10.94% and rental yield reads 4.51% at the current $1,589,000. Equity gained on principal adds $10,254/yr, and 5% annual appreciation supports $439,011 by year five. Five-year ROI prints 54.79% and total cumulative return in cash totals $282,078. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,968/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
4,152 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02144, Somerville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,741 (100%) |
| Owner Occupied HU | 3,787 (32.3%) |
| Renter Occupied HU | 7,416 (63.2%) |
| Vacant Housing Units | 538 ( 4.6%) |
| Median Home Value | $1,132,714 |
| Average Home Value | $1,216,709 |
Housing Distribution
Address Breakdown
Residential
10,584
Single Family
7,809
Multi-Family
2,775
Businesses
616
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Listed by: John Veneziano • RE/MAX Andrew Realty Services
Mls Name: MLS PIN
Mls ID: #73414341