55-57 Hawthorne StBelmontMA02478
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Belmont at 55-57 Hawthorne St, Belmont, MA, 02478 offers a 6.43% rental yield on a $1,149,000 purchase with $6,157/mo rent. 87% in year one. Equity gained on principal adds $7,414/yr while 5% annual appreciation supports $317,448 over five years. Portfolio math shows five-year ROI at 86.61% and total cumulative return in cash at $322,411. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,157/mo property income against a $5,624/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
5,734 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02478, Belmont, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,856 (100%) |
| Owner Occupied HU | 6,320 (58.2%) |
| Renter Occupied HU | 3,883 (35.8%) |
| Vacant Housing Units | 653 ( 6.0%) |
| Median Home Value | $1,215,863 |
| Average Home Value | $1,284,804 |
Housing Distribution
Address Breakdown
Residential
10,173
Single Family
9,309
Multi-Family
864
Businesses
844
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Austin Kim • Austin Kim
Mls Name: MLS PIN
Mls ID: #73454036