23 Tower StJamaica PlainMA02130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jamaica Plain at 23 Tower St, Jamaica Plain, MA, 02130 priced at $1,395,000 converts $4,733/mo rent into after a $6,828/mo obligation. Total monthly income equals $4,733/mo. Return on cash invested prints 9.59% in year one, and rental yield reads 4.07% against a $1,395,000 entry. Equity gained on principal adds $9,002/yr, while 5% annual appreciation compiles into $385,413 by year five. Five-year ROI reaches 47.57% and total cumulative return in cash sums $215,026. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,733/mo property income covering a $6,828/mo payment, not borrower’s personal income.
Multi Family
Built in 1910
2,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02130, Jamaica Plain, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,658 (100%) |
| Owner Occupied HU | 7,199 (40.8%) |
| Renter Occupied HU | 9,127 (51.7%) |
| Vacant Housing Units | 1,332 ( 7.5%) |
| Median Home Value | $859,660 |
| Average Home Value | $963,147 |
Housing Distribution
Address Breakdown
Residential
16,372
Single Family
7,251
Multi-Family
9,121
Businesses
984
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Varano Realty Group • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73435117