Condo Investment Properties for Sale in Somerville, MA

Property at 660 Somerville Ave #2, Somerville, MA
Listed for sale 6 days ago
$ 750,000
ROI
21.4ROI percentage
Cash Flow/m
Dollar sign269
  • 3 Bed
  • 2 Bath
  • 1123 sft
660 Somerville Ave #2, Somerville, MA, 02143
Property at 14 Boston St APT 1A, Somerville, MA
Listed for sale 7 days ago
$ 549,555
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign3
  • 2 Bed
  • 1 Bath
  • 945 sft
14 Boston St APT 1A, Somerville, MA, 02143
Property at 13 Warwick St #205, Somerville, MA
$ 479,900
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign242
  • 1 Bed
  • 1 Bath
  • 485 sft
13 Warwick St #205, Somerville, MA, 02145
Property at 5 Kenwood St #3, Somerville, MA
$ 949,000
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign739
  • 4 Bed
  • 3 Bath
  • 1723 sft
5 Kenwood St #3, Somerville, MA, 02144

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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