595 Revere Beach Pkwy APT 39RevereMA02151
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 Revere at 595 Revere Beach Pkwy APT 39, Revere, MA, 02151 listed at $368,999 pairs $3,109/mo rent with a $1,806/mo payment to leave $783/mo cash flow. Total monthly income runs $3,109/mo, and annual cash flow reaches $9,400/yr on $122,323 cash to close. Return on cash invested measures 27.59% in year one, and rental yield registers 10.11% at a $368,999 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 144.22% and total cumulative return in cash totals $176,415. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,109/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02151, Revere, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,738 (100%) |
| Owner Occupied HU | 10,397 (40.4%) |
| Renter Occupied HU | 13,021 (50.6%) |
| Vacant Housing Units | 2,320 ( 9.0%) |
| Median Home Value | $621,936 |
| Average Home Value | $649,543 |
Housing Distribution
Address Breakdown
Residential
22,364
Single Family
14,226
Multi-Family
8,138
Businesses
1,047
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy A.Devito • Century 21 North East
Mls Name: MLS PIN
Mls ID: #73426431