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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Somerville, MA
Listed for sale 1 day ago
$ 719,000
ROI
20.2
Cash Flow/m
24- 3 Bed
- 1 Bath
- 1109 sft
3 Heath St APT 2, Somerville, MA, 02145
Listed for sale 7 days ago
$ 895,000
ROI
22.5Cash Flow/m
598- 3 Bed
- 1 Bath
- 1345 sft
160 Holland St #1, Somerville, MA, 02144
$ 465,000
ROI
20.2Cash Flow/m
52- 2 Bed
- 1 Bath
- 510 sft
6 Bedford St APT 3R, Somerville, MA, 02143
$ 419,000
ROI
20.2Cash Flow/m
56- 1 Bed
- 1 Bath
- 426 sft
6 Bedford St Suite 1F, Somerville, MA, 02143
Why Invest in Somerville, Massachusetts?
Investing in condo properties in Somerville, MA offers great opportunities thanks to its vibrant economy and strong rental demand. The average ROI for condos here is competitive, typically around 7%, with rental yields near 5%. Appreciation rates remain steady, driven by urban renewal and proximity to Boston. Cap rates for condos average about 4.5%, delivering solid cash flow for investors looking for stable returns. High renter occupancy rates above 85% support consistent rental income.
7%
Avg. ROI
5%
Rental Yield
4.5%
Cap Rate
$1500/mo
Avg. Cash Flow
$2800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Somerville is approximately 5%, reflecting strong rental demand and steady market conditions.
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