28 Parkman St APT 4BrooklineMA02446
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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 Brookline at 28 Parkman St APT 4, Brookline, MA, 02446 generates $6,226/mo in rent, after a $6,843/mo payment. Total monthly income is $6,226/mo. Return on cash invested sits at 13.52% in year one, and rental yield is 5.34% on a $1,398,000 entry. Equity gained on principal adds $9,021/yr, while 5% annual appreciation builds toward $386,242 over five years. Five-year ROI reaches 68.64% and total cumulative return in cash sums $310,887. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,226/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02446, Brookline, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,510 (100%) |
| Owner Occupied HU | 5,569 (35.9%) |
| Renter Occupied HU | 9,254 (59.7%) |
| Vacant Housing Units | 687 ( 4.4%) |
| Median Home Value | $1,396,813 |
| Average Home Value | $1,471,850 |
Housing Distribution
Address Breakdown
Residential
14,194
Single Family
2,906
Multi-Family
11,288
Businesses
1,121
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Listed by: Sean Preston • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73405062