5 Kenwood St #1SomervilleMA02144
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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
Rental property for sale in Somerville at 5 Kenwood St #1, Somerville, MA, 02144 offers $3,059/mo rent that, after a $2,193/mo payment, leaves $235/mo cash flow. Total monthly income is $3,059/mo, and annual cash flow is $2,821/yr on $148,512 cash. Return on cash invested measures 21.81% in year one, and rental yield stands at 8.19% at a $448,000 entry. Equity gained on principal adds $2,891/yr while 5% annual appreciation compounds into $123,774 by year five. Five-year ROI records 113.2% and total cumulative return in cash reaches $168,122. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,059/mo property income versus a $2,193/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1920
N/A 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: Lena Ordyakova • Advisors Living - Boston
Mls Name: MLS PIN
Mls ID: #73404456