21 Wormwood St UNIT 310BostonMA02210
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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 21 Wormwood St UNIT 310, Boston, MA, 02210 uses $241,815 cash to close to unlock $1,882/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $4,789/mo, and a $3,597/mo payment keeps the spread at $157/mo. Purchase price stands at $735,000, and rental yield measures 7.82% with $4,789/mo rent. Return on cash invested shows 20.84% in year one, and 5% annual appreciation builds toward $203,067 over five years. Five-year ROI reaches 107.94% and total cumulative return in cash records $261,012. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,789/mo property income covering a $3,597/mo payment rather than investor’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02210, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,083 (100%) |
| Owner Occupied HU | 869 (14.3%) |
| Renter Occupied HU | 4,114 (67.6%) |
| Vacant Housing Units | 1,100 (18.1%) |
| Median Home Value | $1,294,057 |
| Average Home Value | $1,362,020 |
Housing Distribution
Address Breakdown
Residential
5,468
Single Family
4
Multi-Family
5,464
Businesses
1,193
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Listed by: Ellen Zumbado • Marsh Properties, Inc.
Mls Name: MLS PIN
Mls ID: #73414215