474 Revere Beach Blvd APT 903RevereMA02151
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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 Revere at 474 Revere Beach Blvd APT 903, Revere, MA, 02151 earns $157/mo cash flow from $3,528/mo rent with a $2,618/mo payment. Total monthly income totals $3,528/mo, and annual cash flow totals $1,880/yr on $175,982 capital. ROI tracks 21.13% on current figures, and rental yield reads 7.91% at a $534,900 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,783 over five years. Five-year ROI reaches 109.5% and total cumulative return in cash sums $192,693. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,528/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02151, Revere, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,738 (100%) |
| Owner Occupied HU | 10,397 (40.4%) |
| Renter Occupied HU | 13,021 (50.6%) |
| Vacant Housing Units | 2,320 ( 9.0%) |
| Median Home Value | $621,936 |
| Average Home Value | $649,543 |
Housing Distribution
Address Breakdown
Residential
22,364
Single Family
14,226
Multi-Family
8,138
Businesses
1,047
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Listed by: Hope Addorisio • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73392475