58 Orient AveMelroseMA02176
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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
Rental property for sale in Melrose at 58 Orient Ave, Melrose, MA, 02176 priced at $1,706,900 pairs $6,887/mo rent with after a $8,354/mo payment. Total monthly income equals $6,887/mo. Return on cash invested is 11.97% in year one, and rental yield stands at 4.84% on a $1,706,900 basis. Equity gained on principal adds $11,014/yr, and 5% annual appreciation accumulates to $471,585 by year five. Five-year ROI measures 60.33% and total cumulative return in cash reaches $333,661. For financing, Ziffy Mortgage’s DSCR program evaluates $6,887/mo property income against a $8,354/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1883
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02176, Melrose, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,677 (100%) |
| Owner Occupied HU | 7,802 (61.5%) |
| Renter Occupied HU | 4,389 (34.6%) |
| Vacant Housing Units | 486 ( 3.8%) |
| Median Home Value | $854,921 |
| Average Home Value | $937,328 |
Housing Distribution
Address Breakdown
Residential
12,344
Single Family
8,744
Multi-Family
3,600
Businesses
665
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A