60 Waldemar AveWinthropMA02152
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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 Winthrop at 60 Waldemar Ave, Winthrop, MA, 02152 priced at $677,700 converts $3,120/mo rent into after a $3,317/mo obligation. Total monthly income equals $3,120/mo. Return on cash invested prints 13.86% in year one, and rental yield reads 5.52% against a $677,700 entry. Equity gained on principal adds $4,373/yr, while 5% annual appreciation compiles into $187,236 by year five. Five-year ROI reaches 70.54% and total cumulative return in cash sums $157,270. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,120/mo property income covering a $3,317/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02152, Winthrop, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,635 (100%) |
| Owner Occupied HU | 4,584 (53.1%) |
| Renter Occupied HU | 3,489 (40.4%) |
| Vacant Housing Units | 562 ( 6.5%) |
| Median Home Value | $676,324 |
| Average Home Value | $712,386 |
Housing Distribution
Address Breakdown
Residential
7,816
Single Family
5,693
Multi-Family
2,123
Businesses
424
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Listed by: N/A • N/A
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