85 Mill StRevereMA02151
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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 Revere at 85 Mill St, Revere, MA, 02151 offers $5,039/mo rent that, after a $3,910/mo payment, leaves $4/mo cash flow. Total monthly income is $5,039/mo, and annual cash flow is $47/yr on $262,830 cash. Return on cash invested measures 20.08% in year one, and rental yield stands at 7.57% at a $798,876 entry. Equity gained on principal adds $5,155/yr while 5% annual appreciation compounds into $220,715 by year five. Five-year ROI records 103.86% and total cumulative return in cash reaches $272,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,039/mo property income versus a $3,910/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
7,353 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02151, Revere, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,738 (100%) |
| Owner Occupied HU | 10,397 (40.4%) |
| Renter Occupied HU | 13,021 (50.6%) |
| Vacant Housing Units | 2,320 ( 9.0%) |
| Median Home Value | $621,936 |
| Average Home Value | $649,543 |
Housing Distribution
Address Breakdown
Residential
22,364
Single Family
14,226
Multi-Family
8,138
Businesses
1,047
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Listed by: John Buccelli • Berkshire Hathaway HomeServices Verani Realty
Mls Name: MLS PIN
Mls ID: #73430409