18 Bremen St #1East 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
Rental property for sale in East Boston at 18 Bremen St #1, East Boston, MA, 02128 offers $3,028/mo rent that, after a $2,149/mo payment, leaves $261/mo cash flow. Total monthly income is $3,028/mo, and annual cash flow is $3,129/yr on $145,529 cash. Return on cash invested measures 22.06% in year one, and rental yield stands at 8.28% at a $439,000 entry. Equity gained on principal adds $2,833/yr while 5% annual appreciation compounds into $121,288 by year five. Five-year ROI records 114.52% and total cumulative return in cash reaches $166,664. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,028/mo property income versus a $2,149/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1900
505 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: Raymond Jennings III • Raymond Jennings lll
Mls Name: MLS PIN
Mls ID: #73458869