57 Quimby StWatertownMA02472
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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 Watertown at 57 Quimby St, Watertown, MA, 02472 priced at $660,000 pairs $4,266/mo rent with $107/mo cash flow after a $3,230/mo payment. Total monthly income equals $4,266/mo, and annual cash flow comes to $1,278/yr on $217,140 invested. Return on cash invested is 20.65% in year one, and rental yield stands at 7.76% on a $660,000 basis. Equity gained on principal adds $4,259/yr, and 5% annual appreciation accumulates to $182,346 by year five. Five-year ROI measures 106.93% and total cumulative return in cash reaches $232,185. For financing, Ziffy Mortgage’s DSCR program evaluates $4,266/mo property income against a $3,230/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
5,557 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02472, Watertown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,617 (100%) |
| Owner Occupied HU | 7,572 (43.0%) |
| Renter Occupied HU | 9,093 (51.6%) |
| Vacant Housing Units | 952 ( 5.4%) |
| Median Home Value | $870,411 |
| Average Home Value | $952,094 |
Housing Distribution
Address Breakdown
Residential
16,998
Single Family
12,161
Multi-Family
4,837
Businesses
1,213
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Listed by: Eric Ozcan • Center Realty
Mls Name: MLS PIN
Mls ID: #73420459