16 Miner St UNIT 501BostonMA02215
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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 16 Miner St UNIT 501, Boston, MA, 02215 listed at $1,299,000 pairs $4,611/mo rent with a $6,358/mo payment. Total monthly income runs $4,611/mo. Return on cash invested measures 10.17% in year one, and rental yield registers 4.26% at a $1,299,000 basis. Equity gained on principal adds $8,382/yr, and annual property appreciation at 5% supports $358,890 by year five. Five-year ROI tracks 50.68% and total cumulative return in cash totals $213,313. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,611/mo property income relative to a $6,358/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02215, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,467 (100%) |
| Owner Occupied HU | 684 ( 7.2%) |
| Renter Occupied HU | 7,822 (82.6%) |
| Vacant Housing Units | 961 (10.2%) |
| Median Home Value | $702,524 |
| Average Home Value | $937,354 |
Housing Distribution
Address Breakdown
Residential
10,806
Single Family
305
Multi-Family
10,501
Businesses
838
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Listed by: Mariana Galstian • Terratt, LLC
Mls Name: MLS PIN
Mls ID: #73436285