74 Beach St UNIT 1-12WoburnMA01801
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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 74 Beach St UNIT 1-12, Woburn, MA, 01801 offers a 8.81% rental yield on a $379,900 purchase with $2,788/mo rent. Total monthly income registers $2,788/mo, and a $1,859/mo payment leaves $31/mo available for distribution. Annual cash flow reaches $372/yr on $125,937 to close, and return on cash invested stands at 20.2% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 105.82% and total cumulative return in cash at $133,265. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,788/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1962
N/A lot
$N/A/sqft
$363 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: Paul A. Conti • Paul Conti Real Estate
Mls Name: MLS PIN
Mls ID: #73356013
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