362 Commonwealth Ave APT 6DBostonMA02115
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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
Rental property for sale in Boston at 362 Commonwealth Ave APT 6D, Boston, MA, 02115 generates $3,190/mo in rent, after a $3,421/mo payment. Total monthly income is $3,190/mo. Return on cash invested sits at 13.72% in year one, and rental yield is 5.48% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 69.77% and total cumulative return in cash sums $160,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,190/mo property income rather than buyer’s personal income.
Condo
Built in 1889
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: Jayne Zeamer • Coldwell Banker Realty - Boston
Mls Name: MLS PIN
Mls ID: #73444606