646 Cambridge TpkeConcordMA01742
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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 Concord at 646 Cambridge Tpke, Concord, MA, 01742 offers a 8.04% rental yield on a $950,000 purchase with $6,365/mo rent. Total monthly income registers $6,365/mo, and a $4,650/mo payment leaves $377/mo available for distribution. Annual cash flow reaches $4,525/yr on $312,550 to close, and return on cash invested stands at 21.51% in year one. Equity gained on principal adds $6,130/yr while 5% annual appreciation supports $262,467 over five years. Portfolio math shows five-year ROI at 111.54% and total cumulative return in cash at $348,626. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,365/mo property income against a $4,650/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.92 Acres 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: Vantage Point Team • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73439490