78-78 Mount Vernon St #RSomervilleMA02145
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 78-78 Mount Vernon St #R, Somerville, MA, 02145 in Somerville at $1,289,900, 4.51% gross yield, is a market-growth asset. Rental yield 4.51%. The $4,846/mo rent partially funds the $5,800/mo debt service; the core return is the 5%/yr price growth projected to add $356,376 over five years. Ziffy Mortgage's DSCR mortgage (0.84) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $278,453.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 6.2% |
| Monthly Cash Flow | $(3,284) | $1,300 |
City averages based on Somerville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,846 |
| Total Monthly Debt Service | $7,617 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1900
3,399 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1900
3,399 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Ciampa McLaughlin • Redfin Corp.
Mls Name: MLS PIN
Mls ID: #73469225