190 Salem St APT 3BostonMA02113
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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 190 Salem St APT 3, Boston, MA, 02113 listed at $1,795,000 pairs $5,579/mo rent with a $8,786/mo payment. Total monthly income runs $5,579/mo. Return on cash invested measures 8.54% in year one, and rental yield registers 3.73% at a $1,795,000 basis. Equity gained on principal adds $11,583/yr, and annual property appreciation at 5% supports $495,925 by year five. Five-year ROI tracks 41.92% and total cumulative return in cash totals $243,781. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,579/mo property income relative to a $8,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02113, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,620 (100%) |
| Owner Occupied HU | 849 (18.4%) |
| Renter Occupied HU | 3,403 (73.7%) |
| Vacant Housing Units | 368 ( 8.0%) |
| Median Home Value | $864,083 |
| Average Home Value | $1,042,903 |
Housing Distribution
Address Breakdown
Residential
4,406
Single Family
626
Multi-Family
3,780
Businesses
350
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Listed by: Gregory McCarthy • Riverfront REALTORS
Mls Name: MLS PIN
Mls ID: #73434620