602 Main St UNIT 1WoburnMA01801
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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 Woburn at 602 Main St UNIT 1, Woburn, MA, 01801 earns from $3,792/mo rent with a $3,181/mo payment. Total monthly income totals $3,792/mo. ROI tracks 16.11% on current figures, and rental yield reads 7% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 83.39% and total cumulative return in cash sums $178,322. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,792/mo property income instead of your personal income.
Condo
Built in 1895
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01801, Woburn, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,379 (100%) |
| Owner Occupied HU | 10,223 (55.6%) |
| Renter Occupied HU | 7,149 (38.9%) |
| Vacant Housing Units | 1,007 ( 5.5%) |
| Median Home Value | $719,052 |
| Average Home Value | $775,984 |
Housing Distribution
Address Breakdown
Residential
17,863
Single Family
13,195
Multi-Family
4,668
Businesses
2,984
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Listed by: Coreen Morisset • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73420269
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