164 Ruthven St APT 1BostonMA02121
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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 164 Ruthven St APT 1, Boston, MA, 02121 listed at $629,900 pairs $4,224/mo rent with a $3,083/mo payment to leave $254/mo cash flow. Total monthly income runs $4,224/mo, and annual cash flow reaches $3,047/yr on $207,237 cash to close. Return on cash invested measures 21.53% in year one, and rental yield registers 8.05% at a $629,900 basis. Equity gained on principal adds $4,065/yr, and annual property appreciation at 5% supports $174,030 by year five. Five-year ROI tracks 111.65% and total cumulative return in cash totals $231,375. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,224/mo property income relative to a $3,083/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1925
1,768 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02121, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,002 (100%) |
| Owner Occupied HU | 2,345 (21.3%) |
| Renter Occupied HU | 7,947 (72.2%) |
| Vacant Housing Units | 710 ( 6.5%) |
| Median Home Value | $687,999 |
| Average Home Value | $709,643 |
Housing Distribution
Address Breakdown
Residential
9,452
Single Family
3,449
Multi-Family
6,003
Businesses
402
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Listed by: Corey Bashaw • Homie Realty Group
Mls Name: MLS PIN
Mls ID: #73410378