20 Rowes Wharf APT 701BostonMA02110
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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 20 Rowes Wharf APT 701, Boston, MA, 02110 generates $5,592/mo in rent, after a $9,275/mo payment. Total monthly income is $5,592/mo. Return on cash invested sits at 7.96% in year one, and rental yield is 3.54% on a $1,895,000 entry. Equity gained on principal adds $12,228/yr, while 5% annual appreciation builds toward $523,554 over five years. Five-year ROI reaches 38.8% and total cumulative return in cash sums $238,217. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,592/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02110, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,970 (100%) |
| Owner Occupied HU | 1,007 (51.1%) |
| Renter Occupied HU | 693 (35.2%) |
| Vacant Housing Units | 270 (13.7%) |
| Median Home Value | $1,298,421 |
| Average Home Value | $1,371,708 |
Housing Distribution
Address Breakdown
Residential
2,032
Single Family
14
Multi-Family
2,018
Businesses
1,956
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Listed by: Jeffrey Goldman • Coldwell Banker Realty - Boston
Mls Name: MLS PIN
Mls ID: #73472967