199 State St UNIT 502BostonMA02109
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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 199 State St UNIT 502, Boston, MA, 02109 offers a 5.08% rental yield on a $1,309,400 purchase with $5,542/mo rent. 7% in year one. Equity gained on principal adds $8,449/yr while 5% annual appreciation supports $361,763 over five years. Portfolio math shows five-year ROI at 64.25% and total cumulative return in cash at $272,559. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,542/mo property income against a $6,409/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1899
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02109, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,532 (100%) |
| Owner Occupied HU | 742 (29.3%) |
| Renter Occupied HU | 1,417 (56.0%) |
| Vacant Housing Units | 373 (14.7%) |
| Median Home Value | $1,147,541 |
| Average Home Value | $1,303,895 |
Housing Distribution
Address Breakdown
Residential
2,407
Single Family
190
Multi-Family
2,217
Businesses
1,231
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Listed by: N/A • N/A
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