311 Commonwealth Ave APT 71BostonMA02115
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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 311 Commonwealth Ave APT 71, Boston, MA, 02115 earns from $5,934/mo rent with a $7,317/mo payment. Total monthly income totals $5,934/mo. ROI tracks 11.73% on current figures, and rental yield reads 4.76% at a $1,495,000 purchase. Equity gained on principal adds $9,647/yr, and 5% annual appreciation supports $413,041 over five years. Five-year ROI reaches 59.02% and total cumulative return in cash sums $285,901. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,934/mo property income instead of your personal income.
Condo
Built in 1924
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: Christine McConville • Coldwell Banker Realty - Boston
Mls Name: MLS PIN
Mls ID: #73465218