342-344 North St #1ABostonMA02113
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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
Total monthly income runs $2,840/mo, and a $2,589/mo payment. Purchase price stands at $529,000, and rental yield measures 6.44% with $2,840/mo rent. Return on cash invested shows 15.27% in year one, and 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 78.56% and total cumulative return in cash records $136,733. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,840/mo property income covering a $2,589/mo payment rather than investor’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
$201 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02113, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,620 (100%) |
| Owner Occupied HU | 849 (18.4%) |
| Renter Occupied HU | 3,403 (73.7%) |
| Vacant Housing Units | 368 ( 8.0%) |
| Median Home Value | $864,083 |
| Average Home Value | $1,042,903 |
Housing Distribution
Address Breakdown
Residential
4,406
Single Family
626
Multi-Family
3,780
Businesses
350
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Listed by: Will Loring • William Raveis Real Estate
Mls Name: William Raveis Real Estate, Mortgage & Insurance
Mls Provider:
Mls ID: #73405426