111 W 8th St APT CSouth BostonMA02127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 South Boston at 111 W 8th St APT C, South Boston, MA, 02127 offers a 7.77% rental yield on a $699,000 purchase with $4,525/mo rent. Total monthly income registers $4,525/mo, and a $3,421/mo payment leaves $120/mo available for distribution. Annual cash flow reaches $1,435/yr on $229,971 to close, and return on cash invested stands at 20.68% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 107.12% and total cumulative return in cash at $246,338. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,525/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02127, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,088 (100%) |
| Owner Occupied HU | 7,344 (36.6%) |
| Renter Occupied HU | 11,151 (55.5%) |
| Vacant Housing Units | 1,593 ( 7.9%) |
| Median Home Value | $903,895 |
| Average Home Value | $1,006,382 |
Housing Distribution
Address Breakdown
Residential
17,995
Single Family
8,126
Multi-Family
9,869
Businesses
930
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: O'Connor & Highland • Keller Williams Back Bay
Mls Name: LINK
Mls ID: #239218