346 Congress St UNIT 204BostonMA02210
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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 346 Congress St UNIT 204, Boston, MA, 02210 earns $1,181/mo cash flow from $5,272/mo rent with a $3,177/mo payment. Total monthly income totals $5,272/mo, and annual cash flow totals $14,172/yr on $213,521 capital. ROI tracks 26.7% on current figures, and rental yield reads 9.75% at a $649,000 purchase. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 over five years. Five-year ROI reaches 139.35% and total cumulative return in cash sums $297,552. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,272/mo property income instead of your personal income.
Condo
Built in 1899
694 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02210, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,083 (100%) |
| Owner Occupied HU | 869 (14.3%) |
| Renter Occupied HU | 4,114 (67.6%) |
| Vacant Housing Units | 1,100 (18.1%) |
| Median Home Value | $1,294,057 |
| Average Home Value | $1,362,020 |
Housing Distribution
Address Breakdown
Residential
5,468
Single Family
4
Multi-Family
5,464
Businesses
1,193
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Listed by: Sarah Glovsky • The Charles Realty
Mls Name: MLS PIN
Mls ID: #73427784