53 Trident Ave APT 204WinthropMA02152
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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 53 Trident Ave APT 204, Winthrop, MA, 02152 uses $132,600 cash to close to unlock $3,560/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $2,818/mo, and a $1,958/mo payment keeps the spread at $297/mo. Purchase price stands at $400,000, and rental yield measures 8.45% with $2,818/mo rent. Return on cash invested shows 22.59% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 117.4% and total cumulative return in cash records $155,668. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,818/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Condo
Built in 1920
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: Domenico Barbuto • DJB Realty Corporation
Mls Name: MLS PIN
Mls ID: #73474408