948 Main St UNIT 105, Waltham, MA, 02451 | $587/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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948 Main St UNIT 105, Waltham, MA, 02451 | $587/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Waltham at 948 Main St UNIT 105, Waltham, MA, 02451 generates $3,170/mo in rent and, after a $2,006/mo payment, leaves $587/mo in cash flow. Total monthly income is $3,170/mo, and annual cash flow is $7,041/yr on $135,882 invested. Return on cash invested sits at 25.09% in year one, and rental yield is 9.28% on a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 130.78% and total cumulative return in cash sums $177,712. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,170/mo property income rather than buyer’s personal income.

Condo

Built in 2016

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to a lovely, spacious, and modern condo at The Nathaniel Banks Condos, an incredible opportunity to own on the first floor of this thoughtfully designed, fully remodeled (2016), 24-unit buiding, boasting amenities such as an Auditorium/Theatre for special events, Gymnasium with a basketball court, Elevator, Central Air, and more. The condo itself has a phenomenal open layout with excellent ceiling heights, newly installed (less than 1 week) Quartz Counters throughout the Kitchen, opening to a spacious and comfortable Dining / Living Room with oversized windows. Large Bedroom and Bathroom, In-Unit Laundry, Walk-in Storage Room and 2 Parking Spaces. Close to everything you want! From Rte 208, Rte 2, Mass Pike, and Public Transport, to a multitude of restaurants, shops, stores, Hospital/Medical facilities, and yet also a walk or very short drive from Parks + Outdoor Activitities such as Prospect Hill and the newly completed Mass Central Rail Trail for a fully balanced lifestyle.