990 Massachusetts Ave #E60ArlingtonMA02476
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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 Arlington at 990 Massachusetts Ave #E60, Arlington, MA, 02476 uses $151,031 cash to close to unlock $1,372/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $2,986/mo, and a $2,230/mo payment keeps the spread at $114/mo. Purchase price stands at $455,600, and rental yield measures 7.86% with $2,986/mo rent. Return on cash invested shows 20.82% in year one, and 5% annual appreciation builds toward $125,874 over five years. Five-year ROI reaches 107.89% and total cumulative return in cash records $162,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,986/mo property income covering a $2,230/mo payment rather than investor’s personal income.
Condo
Built in 1972
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
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Listed by: N/A • N/A
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