16 Holyoke St #2BostonMA02116
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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 16 Holyoke St #2, Boston, MA, 02116 offers $4,351/mo rent that, after a $5,183/mo payment. Total monthly income is $4,351/mo. Return on cash invested measures 12.24% in year one, and rental yield stands at 4.93% at a $1,059,000 entry. Equity gained on principal adds $6,834/yr while 5% annual appreciation compounds into $292,582 by year five. Five-year ROI records 61.79% and total cumulative return in cash reaches $212,027. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,351/mo property income versus a $5,183/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1865
750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02116, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,139 (100%) |
| Owner Occupied HU | 4,380 (33.3%) |
| Renter Occupied HU | 7,071 (53.8%) |
| Vacant Housing Units | 1,688 (12.8%) |
| Median Home Value | $1,591,640 |
| Average Home Value | $1,583,967 |
Housing Distribution
Address Breakdown
Residential
12,510
Single Family
1,122
Multi-Family
11,388
Businesses
2,158
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Listed by: Luke Auen • Compass
Mls Name: MLS PIN
Mls ID: #73429215