51 Cutler St #3WinthropMA02152
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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 51 Cutler St #3, Winthrop, MA, 02152 with 5% annual appreciation on a $663,700 basis while $3,481/mo rent supports operations. 2% in year one. Equity gained on principal adds $4,283/yr, and five-year appreciation sums $183,368 alongside rental yield of 6.29%. Five-year ROI measures 83.1% and total cumulative return in cash totals $181,459. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,481/mo property income versus a $3,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1890
N/A 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: N/A • N/A
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Mls ID: #N/A