68 Payson RdBelmontMA02478
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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 Belmont at 68 Payson Rd, Belmont, MA, 02478 generates $3,350/mo in rent, after a $8,619/mo payment. Total monthly income is $3,350/mo. Return on cash invested sits at 4.07% in year one, and rental yield is 2.28% on a $1,761,000 entry. Equity gained on principal adds $11,363/yr, while 5% annual appreciation builds toward $486,532 over five years. Five-year ROI reaches 17.97% and total cumulative return in cash sums $102,511. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,350/mo property income rather than buyer’s personal income.
Apartment
Built in 1917
0.33 Acres 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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