382 Commonwealth Ave APT B1BostonMA02215
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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 382 Commonwealth Ave APT B1, Boston, MA, 02215 offers a 9.43% rental yield on a $900,000 purchase with $7,074/mo rent. Total monthly income registers $7,074/mo, and a $4,405/mo payment leaves $1,402/mo available for distribution. Annual cash flow reaches $16,818/yr on $296,100 to close, and return on cash invested stands at 25.74% in year one. Equity gained on principal adds $5,808/yr while 5% annual appreciation supports $248,653 over five years. Portfolio math shows five-year ROI at 134.23% and total cumulative return in cash at $397,464. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,074/mo property income against a $4,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02215, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,467 (100%) |
| Owner Occupied HU | 684 ( 7.2%) |
| Renter Occupied HU | 7,822 (82.6%) |
| Vacant Housing Units | 961 (10.2%) |
| Median Home Value | $702,524 |
| Average Home Value | $937,354 |
Housing Distribution
Address Breakdown
Residential
10,806
Single Family
305
Multi-Family
10,501
Businesses
838
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Listed by: Jane Gibbons • The Gibbons Group, LLC
Mls Name: MLS PIN
Mls ID: #73430466