2 Washington StBostonMA02129
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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 Boston at 2 Washington St, Boston, MA, 02129 offers $5,136/mo rent that, after a $7,464/mo payment. Total monthly income is $5,136/mo. Return on cash invested measures 9.5% in year one, and rental yield stands at 4.04% at a $1,525,000 entry. Equity gained on principal adds $9,841/yr while 5% annual appreciation compounds into $421,329 by year five. Five-year ROI records 47.08% and total cumulative return in cash reaches $232,632. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,136/mo property income versus a $7,464/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1870
880 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02129, Charlestown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,420 (100%) |
| Owner Occupied HU | 4,101 (43.5%) |
| Renter Occupied HU | 4,655 (49.4%) |
| Vacant Housing Units | 664 ( 7.0%) |
| Median Home Value | $978,367 |
| Average Home Value | $1,127,259 |
Housing Distribution
Address Breakdown
Residential
8,644
Single Family
3,214
Multi-Family
5,430
Businesses
687
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Listed by: Grace Bloodwell • Coldwell Banker Realty - Boston
Mls Name: MLS PIN
Mls ID: #73461519