21 Park Vale Ave APT 2AllstonMA02134
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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 Allston at 21 Park Vale Ave APT 2, Allston, MA, 02134 priced at $587,700 pairs $4,128/mo rent with $424/mo cash flow after a $2,877/mo payment. Total monthly income equals $4,128/mo, and annual cash flow comes to $5,092/yr on $193,353 invested. Return on cash invested is 22.69% in year one, and rental yield stands at 8.43% on a $587,700 basis. Equity gained on principal adds $3,792/yr, and 5% annual appreciation accumulates to $162,371 by year five. Five-year ROI measures 117.9% and total cumulative return in cash reaches $227,966. For financing, Ziffy Mortgage’s DSCR program evaluates $4,128/mo property income against a $2,877/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1910
780 sqft 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: Derek Greene • The Greene Realty Group
Mls Name: MLS PIN
Mls ID: #73387353