11 Park Dr #28BostonMA02215
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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
Rental property for sale in Boston at 11 Park Dr #28, Boston, MA, 02215 generates $2,820/mo in rent, after a $2,251/mo payment. Total monthly income is $2,820/mo. Return on cash invested sits at 19.29% in year one, and rental yield is 7.36% on a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 99.69% and total cumulative return in cash sums $152,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,820/mo property income rather than buyer’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02215, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,467 (100%) |
| Owner Occupied HU | 684 ( 7.2%) |
| Renter Occupied HU | 7,822 (82.6%) |
| Vacant Housing Units | 961 (10.2%) |
| Median Home Value | $702,524 |
| Average Home Value | $937,354 |
Housing Distribution
Address Breakdown
Residential
10,806
Single Family
305
Multi-Family
10,501
Businesses
838
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Listed by: Ralph Aucella • Keliher Real Estate
Mls Name: MLS PIN
Mls ID: #73434579