88 Park Ave APT 206ArlingtonMA02476
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
Investment Highlights
Investment property for sale in Arlington at 88 Park Ave APT 206, Arlington, MA, 02476 offers a 6.08% rental yield on a $659,000 purchase with $3,337/mo rent. 54% in year one. Equity gained on principal adds $4,252/yr while 5% annual appreciation supports $182,070 over five years. Portfolio math shows five-year ROI at 79.54% and total cumulative return in cash at $172,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,337/mo property income against a $3,225/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1898
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02476, Arlington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,542 (100%) |
| Owner Occupied HU | 5,089 (67.5%) |
| Renter Occupied HU | 2,176 (28.9%) |
| Vacant Housing Units | 277 ( 3.7%) |
| Median Home Value | $937,898 |
| Average Home Value | $1,028,271 |
Housing Distribution
Address Breakdown
Residential
7,590
Single Family
5,630
Multi-Family
1,960
Businesses
683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Synergy Group • The Synergy Group
Mls Name: MLS PIN
Mls ID: #73462502