296 E 8th St #3South BostonMA02127
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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 South Boston at 296 E 8th St #3, South Boston, MA, 02127 listed at $559,000 pairs $3,679/mo rent with a $2,736/mo payment to leave $156/mo cash flow. Total monthly income runs $3,679/mo, and annual cash flow reaches $1,869/yr on $183,911 cash to close. Return on cash invested measures 21.08% in year one, and rental yield registers 7.9% at a $559,000 basis. Equity gained on principal adds $3,607/yr, and annual property appreciation at 5% supports $154,441 by year five. Five-year ROI tracks 109.22% and total cumulative return in cash totals $200,871. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,679/mo property income relative to a $2,736/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1900
588 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02127, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,088 (100%) |
| Owner Occupied HU | 7,344 (36.6%) |
| Renter Occupied HU | 11,151 (55.5%) |
| Vacant Housing Units | 1,593 ( 7.9%) |
| Median Home Value | $903,895 |
| Average Home Value | $1,006,382 |
Housing Distribution
Address Breakdown
Residential
17,995
Single Family
8,126
Multi-Family
9,869
Businesses
930
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Listed by: The McLaren Team • Compass
Mls Name: MLS PIN
Mls ID: #73435389