172 Cottage St #2East BostonMA02128
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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 East Boston at 172 Cottage St #2, East Boston, MA, 02128 uses $183,911 cash to close to unlock $69/yr annual cash flow and $6/mo monthly cash flow. Total monthly income runs $3,529/mo, and a $2,736/mo payment keeps the spread at $6/mo. Purchase price stands at $559,000, and rental yield measures 7.58% with $3,529/mo rent. Return on cash invested shows 20.1% in year one, and 5% annual appreciation builds toward $154,441 over five years. Five-year ROI reaches 103.98% and total cumulative return in cash records $191,223. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,529/mo property income covering a $2,736/mo payment rather than investor’s personal income.
Condo
Built in 1905
903 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02128, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,400 (100%) |
| Owner Occupied HU | 4,756 (24.5%) |
| Renter Occupied HU | 12,784 (65.9%) |
| Vacant Housing Units | 1,860 ( 9.6%) |
| Median Home Value | $766,192 |
| Average Home Value | $826,123 |
Housing Distribution
Address Breakdown
Residential
17,476
Single Family
8,803
Multi-Family
8,673
Businesses
1,148
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Listed by: Hixon + Bevilacqua Home Group • Coldwell Banker Realty - Lynnfield
Mls Name: MLS PIN
Mls ID: #73468207