87 Cedar St APT 10MaldenMA02148
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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 Malden at 87 Cedar St APT 10, Malden, MA, 02148 generates $2,995/mo in rent and, after a $2,031/mo payment, leaves $380/mo in cash flow. Total monthly income is $2,995/mo, and annual cash flow is $4,554/yr on $137,573 invested. Return on cash invested sits at 23.22% in year one, and rental yield is 8.66% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 120.75% and total cumulative return in cash sums $166,125. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,995/mo property income rather than buyer’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02148, Malden, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,137 (100%) |
| Owner Occupied HU | 10,310 (36.6%) |
| Renter Occupied HU | 16,048 (57.0%) |
| Vacant Housing Units | 1,779 ( 6.3%) |
| Median Home Value | $678,935 |
| Average Home Value | $743,094 |
Housing Distribution
Address Breakdown
Residential
26,437
Single Family
16,118
Multi-Family
10,319
Businesses
1,432
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Listed by: Michelle Chen • Coldwell Banker Realty - Cambridge
Mls Name: MLS PIN
Mls ID: #73429080