54 Minot RdConcordMA01742
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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 Concord at 54 Minot Rd, Concord, MA, 01742 priced at $1,006,600 converts $7,080/mo rent into $735/mo cash flow after a $4,927/mo obligation. Total monthly income equals $7,080/mo, and annual cash flow totals $8,824/yr on $326,138 invested. Return on cash invested prints 23.08% in year one, and rental yield reads 8.44% against a $1,006,600 entry. Equity gained on principal adds $6,495/yr, while 5% annual appreciation compiles into $278,105 by year five. Five-year ROI reaches 119.88% and total cumulative return in cash sums $390,984. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,080/mo property income covering a $4,927/mo payment, not borrower’s personal income.
Single Family
Built in 1959
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01742, Concord, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,211 (100%) |
| Owner Occupied HU | 5,143 (71.3%) |
| Renter Occupied HU | 1,557 (21.6%) |
| Vacant Housing Units | 511 ( 7.1%) |
| Median Home Value | $1,306,655 |
| Average Home Value | $1,395,371 |
Housing Distribution
Address Breakdown
Residential
7,177
Single Family
5,766
Multi-Family
1,411
Businesses
1,309
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Listed by: N/A • N/A
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