9 Independence Ave UNIT 307BraintreeMA02184
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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 Braintree at 9 Independence Ave UNIT 307, Braintree, MA, 02184 generates $4,183/mo in rent, after a $3,402/mo payment. Total monthly income is $4,183/mo. Return on cash invested sits at 19.02% in year one, and rental yield is 7.22% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 98.22% and total cumulative return in cash sums $224,574. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,183/mo property income rather than buyer’s personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02184, Braintree, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,974 (100%) |
| Owner Occupied HU | 10,416 (69.6%) |
| Renter Occupied HU | 4,059 (27.1%) |
| Vacant Housing Units | 499 ( 3.3%) |
| Median Home Value | $706,367 |
| Average Home Value | $780,386 |
Housing Distribution
Address Breakdown
Residential
14,800
Single Family
11,694
Multi-Family
3,106
Businesses
1,694
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Listed by: Nathan Long • Coldwell Banker Realty - Cambridge
Mls Name: MLS PIN
Mls ID: #73460231