12 Prospect St FLOOR 1CharlestownMA02129
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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 Charlestown at 12 Prospect St FLOOR 1, Charlestown, MA, 02129 with 5% annual appreciation on a $1,349,000 basis while $4,800/mo rent supports operations. 2% in year one. Equity gained on principal adds $8,705/yr, and five-year appreciation sums $372,704 alongside rental yield of 4.27%. Five-year ROI measures 50.86% and total cumulative return in cash totals $222,291. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,800/mo property income versus a $6,603/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02129, Charlestown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,420 (100%) |
| Owner Occupied HU | 4,101 (43.5%) |
| Renter Occupied HU | 4,655 (49.4%) |
| Vacant Housing Units | 664 ( 7.0%) |
| Median Home Value | $978,367 |
| Average Home Value | $1,127,259 |
Housing Distribution
Address Breakdown
Residential
8,644
Single Family
3,214
Multi-Family
5,430
Businesses
687
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Listed by: Adam Geragosian • Compass
Mls Name: MLS PIN
Mls ID: #73460233