31 E Springfield St APT 3BostonMA02118
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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 Boston at 31 E Springfield St APT 3, Boston, MA, 02118 earns from $4,074/mo rent with a $3,223/mo payment. Total monthly income totals $4,074/mo. ROI tracks 18.72% on current figures, and rental yield reads 7.43% at a $658,400 purchase. Equity gained on principal adds $4,249/yr, and 5% annual appreciation supports $181,904 over five years. Five-year ROI reaches 96.91% and total cumulative return in cash sums $209,915. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,074/mo property income instead of your personal income.
Apartment
Built in 1898
435 sqft lot
$N/A/sqft
$166 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
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