242 Shawmut Ave #1BBostonMA02118
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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
Total monthly income runs $6,908/mo, and a $6,107/mo payment. Purchase price stands at $1,247,800, and rental yield measures 6.64% with $6,908/mo rent. Return on cash invested shows 15.93% in year one, and 5% annual appreciation builds toward $344,744 over five years. Five-year ROI reaches 82.12% and total cumulative return in cash records $331,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,908/mo property income covering a $6,107/mo payment rather than investor’s personal income.
Condo
Built in 2012
1,306 sqft lot
$N/A/sqft
$523 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02118, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,315 (100%) |
| Owner Occupied HU | 4,206 (25.8%) |
| Renter Occupied HU | 10,816 (66.3%) |
| Vacant Housing Units | 1,293 ( 7.9%) |
| Median Home Value | $1,248,113 |
| Average Home Value | $1,364,634 |
Housing Distribution
Address Breakdown
Residential
14,717
Single Family
1,682
Multi-Family
13,035
Businesses
1,262
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A