79-81 Assabet AveConcordMA01742
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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 79-81 Assabet Ave, Concord, MA, 01742 offers a 4.6% rental yield on a $1,439,000 purchase with $5,520/mo rent. 23% in year one. Equity gained on principal adds $9,286/yr while 5% annual appreciation supports $397,569 over five years. Portfolio math shows five-year ROI at 56.38% and total cumulative return in cash at $262,848. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,520/mo property income against a $7,043/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1888
0.53 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: Jim Holbrook • Berkshire Hathaway HomeServices Commonwealth Real Estate
Mls Name: MLS PIN
Mls ID: #73400060