116 Spring St APT D2BostonMA02132
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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
Investment property for sale in Boston at 116 Spring St APT D2, Boston, MA, 02132 uses $120,964 cash to close to unlock $9,241/yr annual cash flow and $770/mo monthly cash flow. Total monthly income runs $3,070/mo, and a $1,786/mo payment keeps the spread at $770/mo. Purchase price stands at $364,900, and rental yield measures 10.1% with $3,070/mo rent. Return on cash invested shows 27.55% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 143.99% and total cumulative return in cash records $174,180. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,070/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Condo
Built in 1960
768 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02132, West Roxbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,035 (100%) |
| Owner Occupied HU | 7,771 (64.6%) |
| Renter Occupied HU | 3,610 (30.0%) |
| Vacant Housing Units | 654 ( 5.4%) |
| Median Home Value | $764,136 |
| Average Home Value | $804,012 |
Housing Distribution
Address Breakdown
Residential
11,861
Single Family
9,173
Multi-Family
2,688
Businesses
655
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Listed by: David LI • eXp Realty
Mls Name: MLS PIN
Mls ID: #73469352