98 Carroll St #98WatertownMA02472
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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
Investment property for sale in Watertown at 98 Carroll St #98, Watertown, MA, 02472 listed at $1,995,000 pairs $7,644/mo rent with a $9,765/mo payment. Total monthly income runs $7,644/mo. Return on cash invested measures 11.22% in year one, and rental yield registers 4.6% at a $1,995,000 basis. Equity gained on principal adds $12,873/yr, and annual property appreciation at 5% supports $551,182 by year five. Five-year ROI tracks 56.28% and total cumulative return in cash totals $363,801. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,644/mo property income relative to a $9,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02472, Watertown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,617 (100%) |
| Owner Occupied HU | 7,572 (43.0%) |
| Renter Occupied HU | 9,093 (51.6%) |
| Vacant Housing Units | 952 ( 5.4%) |
| Median Home Value | $870,411 |
| Average Home Value | $952,094 |
Housing Distribution
Address Breakdown
Residential
16,998
Single Family
12,161
Multi-Family
4,837
Businesses
1,213
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Listed by: Kanniard Residential Group • LAER Realty Partners
Mls Name: MLS PIN
Mls ID: #73431539