3 Gorham Ave #5BrooklineMA02445
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3 Gorham Ave #5, Brookline, MA, 02445 offers $4,014/mo rent that, after a $4,297/mo payment. Total monthly income is $4,014/mo. Return on cash invested measures 13.75% in year one, and rental yield stands at 5.49% at a $878,000 entry. Equity gained on principal adds $5,666/yr while 5% annual appreciation compounds into $242,575 by year five. Five-year ROI records 69.92% and total cumulative return in cash reaches $201,964. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,014/mo property income versus a $4,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1895
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02445, Brookline, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,713 (100%) |
| Owner Occupied HU | 4,885 (50.3%) |
| Renter Occupied HU | 4,310 (44.4%) |
| Vacant Housing Units | 518 ( 5.3%) |
| Median Home Value | $1,434,996 |
| Average Home Value | $1,485,186 |
Housing Distribution
Address Breakdown
Residential
8,726
Single Family
3,687
Multi-Family
5,039
Businesses
497
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susanna Stiefel • Insight Realty Group, Inc.
Mls Name: MLS PIN
Mls ID: #73426361