224 Chelsea StEast BostonMA02128
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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 East Boston at 224 Chelsea St, East Boston, MA, 02128 with 5% annual appreciation on a $1,399,000 basis while $3,930/mo rent supports operations. 43% in year one. Equity gained on principal adds $9,028/yr, and five-year appreciation sums $386,518 alongside rental yield of 3.37%. Five-year ROI measures 35.98% and total cumulative return in cash totals $163,109. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,930/mo property income versus a $6,847/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
1,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02128, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,400 (100%) |
| Owner Occupied HU | 4,756 (24.5%) |
| Renter Occupied HU | 12,784 (65.9%) |
| Vacant Housing Units | 1,860 ( 9.6%) |
| Median Home Value | $766,192 |
| Average Home Value | $826,123 |
Housing Distribution
Address Breakdown
Residential
17,476
Single Family
8,803
Multi-Family
8,673
Businesses
1,148
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Listed by: Saul Perlera • Perlera Real Estate
Mls Name: MLS PIN
Mls ID: #73460980