198 Allston St #3AllstonMA02134
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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 Allston at 198 Allston St #3, Allston, MA, 02134 with 5% annual appreciation on a $280,000 basis while $1,883/mo rent supports operations. Total monthly income totals $1,883/mo and a $1,370/mo payment preserves $119/mo for cash returns. Annual cash flow comes to $1,424/yr on $92,820 deployed, and return on cash invested reaches 21.44% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 8.07%. Five-year ROI measures 111.23% and total cumulative return in cash totals $103,245.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,883/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1918
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02134, Allston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,236 (100%) |
| Owner Occupied HU | 1,238 (11.0%) |
| Renter Occupied HU | 9,202 (81.9%) |
| Vacant Housing Units | 796 ( 7.1%) |
| Median Home Value | $686,040 |
| Average Home Value | $763,341 |
Housing Distribution
Address Breakdown
Residential
10,368
Single Family
2,497
Multi-Family
7,871
Businesses
687
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Listed by: Richard Murphy • Coldwell Banker Realty - Brookline
Mls Name: MLS PIN
Mls ID: #73427729