62 Crest StConcordMA01742
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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 Concord at 62 Crest St, Concord, MA, 01742 priced at $807,100 pairs $7,080/mo rent with $1,993/mo cash flow after a $3,950/mo payment. Total monthly income equals $7,080/mo, and annual cash flow comes to $23,920/yr on $265,536 invested. Return on cash invested is 29.07% in year one, and rental yield stands at 10.53% on a $807,100 basis. Equity gained on principal adds $5,208/yr, and 5% annual appreciation accumulates to $222,987 by year five. Five-year ROI measures 152.08% and total cumulative return in cash reaches $403,829. For financing, Ziffy Mortgage’s DSCR program evaluates $7,080/mo property income against a $3,950/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1896
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01742, Concord, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,211 (100%) |
| Owner Occupied HU | 5,143 (71.3%) |
| Renter Occupied HU | 1,557 (21.6%) |
| Vacant Housing Units | 511 ( 7.1%) |
| Median Home Value | $1,306,655 |
| Average Home Value | $1,395,371 |
Housing Distribution
Address Breakdown
Residential
7,177
Single Family
5,766
Multi-Family
1,411
Businesses
1,309
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Listed by: N/A • N/A
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Mls ID: #N/A