382 Riverway APT 8BostonMA02115
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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 Riverway APT 8, Boston, MA, 02115 offers a 6.52% rental yield on a $649,999 purchase with $3,532/mo rent. 89% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 86.79% and total cumulative return in cash at $185,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,532/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1920
1,125 sqft 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: Nan Liang • Longwood Homes Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73393494