22 Chestnut Pl APT 608BrooklineMA02445
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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 Brookline at 22 Chestnut Pl APT 608, Brookline, MA, 02445 uses $187,493 cash to close to unlock $5,333/yr annual cash flow and $444/mo monthly cash flow. Total monthly income runs $4,036/mo, and a $2,789/mo payment keeps the spread at $444/mo. Purchase price stands at $569,888, and rental yield measures 8.5% with $4,036/mo rent. Return on cash invested shows 22.9% in year one, and 5% annual appreciation builds toward $157,450 over five years. Five-year ROI reaches 119.03% and total cumulative return in cash records $223,166. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,036/mo property income covering a $2,789/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02445, Brookline, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,713 (100%) |
| Owner Occupied HU | 4,885 (50.3%) |
| Renter Occupied HU | 4,310 (44.4%) |
| Vacant Housing Units | 518 ( 5.3%) |
| Median Home Value | $1,434,996 |
| Average Home Value | $1,485,186 |
Housing Distribution
Address Breakdown
Residential
8,726
Single Family
3,687
Multi-Family
5,039
Businesses
497
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Listed by: Amanda O'Grady • RE/MAX On the Charles
Mls Name: MLS PIN
Mls ID: #73405624