241 Perkins St UNIT C305Jamaica PlainMA02130
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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 Jamaica Plain at 241 Perkins St UNIT C305, Jamaica Plain, MA, 02130 generates $5,015/mo in rent, after a $4,498/mo payment. Total monthly income is $5,015/mo. Return on cash invested sits at 7.68% in year one, and rental yield is 6.55% on a $919,000 entry. Equity gained on principal adds $5,930/yr, while 5% annual appreciation builds toward $253,903 over five years. Five-year ROI reaches 40.77% and total cumulative return in cash sums $123,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,015/mo property income rather than buyer’s personal income.
Condo
Built in 1982
1,778 sqft lot
$N/A/sqft
$2,341 monthly 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
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Listed by: Lynette Glover • Hammond Residential Real Estate
Mls Name: MLS PIN
Mls ID: #73358779
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.