80 Newton St #2SomervilleMA02143
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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 Somerville at 80 Newton St #2, Somerville, MA, 02143 offers $4,312/mo rent that, after a $3,347/mo payment, leaves $2/mo cash flow. Total monthly income is $4,312/mo, and annual cash flow is $24/yr on $224,970 cash. Return on cash invested measures 20.07% in year one, and rental yield stands at 7.57% at a $683,800 entry. Equity gained on principal adds $4,412/yr while 5% annual appreciation compounds into $188,921 by year five. Five-year ROI records 103.82% and total cumulative return in cash reaches $233,562. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,312/mo property income versus a $3,347/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02143, Somerville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,389 (100%) |
| Owner Occupied HU | 3,740 (27.9%) |
| Renter Occupied HU | 8,653 (64.6%) |
| Vacant Housing Units | 996 ( 7.4%) |
| Median Home Value | $980,543 |
| Average Home Value | $1,088,768 |
Housing Distribution
Address Breakdown
Residential
11,608
Single Family
6,984
Multi-Family
4,624
Businesses
915
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A