15 Hancock St #1BostonMA02114
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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 15 Hancock St #1, Boston, MA, 02114 generates $6,719/mo in rent, after a $9,295/mo payment. Total monthly income is $6,719/mo. Return on cash invested sits at 10.13% in year one, and rental yield is 4.25% on a $1,899,000 entry. Equity gained on principal adds $12,254/yr, while 5% annual appreciation builds toward $524,659 over five years. Five-year ROI reaches 50.45% and total cumulative return in cash sums $310,429. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,719/mo property income rather than buyer’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02114, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,898 (100%) |
| Owner Occupied HU | 1,846 (16.9%) |
| Renter Occupied HU | 7,855 (72.1%) |
| Vacant Housing Units | 1,197 (11.0%) |
| Median Home Value | $1,194,444 |
| Average Home Value | $1,273,178 |
Housing Distribution
Address Breakdown
Residential
10,381
Single Family
557
Multi-Family
9,824
Businesses
1,040
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Listed by: Reig & Losordo • Coldwell Banker Realty - Boston
Mls Name: MLS PIN
Mls ID: #73424114