60 Washington StBelmontMA02478
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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
Investment property for sale in Belmont at 60 Washington St, Belmont, MA, 02478 at $1,099,900 posts ROI 10% with from $3,853/mo rent. Total monthly income equals $3,853/mo. Return on cash invested measures 10% and rental yield reads 4.2% at the current $1,099,900. Equity gained on principal adds $7,097/yr, and 5% annual appreciation supports $303,882 by year five. Five-year ROI prints 49.76% and total cumulative return in cash totals $177,336. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,853/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1928
5,010 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
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Listed by: Dave DiGregorio • Coldwell Banker Realty - Waltham
Mls Name: MLS PIN
Mls ID: #73470968