16 Symphony Rd APT 1BostonMA02115
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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 Symphony Rd APT 1, Boston, MA, 02115 uses $164,789 cash to close to unlock $18,803/yr annual cash flow and $1,567/mo monthly cash flow. Total monthly income runs $4,700/mo, and a $2,433/mo payment keeps the spread at $1,567/mo. Purchase price stands at $497,100, and rental yield measures 11.35% with $4,700/mo rent. Return on cash invested shows 31.32% in year one, and 5% annual appreciation builds toward $137,340 over five years. Five-year ROI reaches 164.17% and total cumulative return in cash records $270,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,700/mo property income covering a $2,433/mo payment rather than investor’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02115, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,818 (100%) |
| Owner Occupied HU | 1,623 (13.7%) |
| Renter Occupied HU | 9,019 (76.3%) |
| Vacant Housing Units | 1,176 ( 10.0%) |
| Median Home Value | $1,226,667 |
| Average Home Value | $1,304,208 |
Housing Distribution
Address Breakdown
Residential
11,199
Single Family
501
Multi-Family
10,698
Businesses
643
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A