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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Somerville, MA
Fix & Flip
$ 645,000
ROI
21.7
Cash Flow/m
290- 2 Bed
- 1 Bath
- 950 sft
355 Medford St #Sr, Somerville, MA, 02145
$ 759,000
ROI
20.5Cash Flow/m
84- 2 Bed
- 1 Bath
- 926 sft
44-44A Greenville St, Somerville, MA, 02143
$ 619,900
ROI
25.8Cash Flow/m
976- 2 Bed
- 2 Bath
- 799 sft
60 Derby St APT 6, Somerville, MA, 02145
$ 615,000
ROI
29.1Cash Flow/m
1529- 3 Bed
- 2 Bath
- 950 sft
20 Connecticut Ave Unit 2, Somerville, MA, 02145
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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