3 Gloucester St APT 9BostonMA02115
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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 Boston at 3 Gloucester St APT 9, Boston, MA, 02115 generates $3,685/mo in rent, after a $3,282/mo payment. Total monthly income is $3,685/mo. Return on cash invested sits at 17.12% in year one, and rental yield is 6.59% on a $670,600 entry. Equity gained on principal adds $4,327/yr, while 5% annual appreciation builds toward $185,274 over five years. Five-year ROI reaches 87.98% and total cumulative return in cash sums $194,113. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,685/mo property income rather than buyer’s personal income.
Apartment
Built in 1873
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02115, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,818 (100%) |
| Owner Occupied HU | 1,623 (13.7%) |
| Renter Occupied HU | 9,019 (76.3%) |
| Vacant Housing Units | 1,176 ( 10.0%) |
| Median Home Value | $1,226,667 |
| Average Home Value | $1,304,208 |
Housing Distribution
Address Breakdown
Residential
11,199
Single Family
501
Multi-Family
10,698
Businesses
643
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A