390 Riverway APT 6BostonMA02115
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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 390 Riverway APT 6, Boston, MA, 02115 offers a 9.18% rental yield on a $567,500 purchase with $4,343/mo rent. Total monthly income registers $4,343/mo, and a $2,778/mo payment leaves $734/mo available for distribution. Annual cash flow reaches $8,803/yr on $186,708 to close, and return on cash invested stands at 24.78% in year one. Equity gained on principal adds $3,662/yr while 5% annual appreciation supports $156,790 over five years. Portfolio math shows five-year ROI at 129.13% and total cumulative return in cash at $241,100. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,343/mo property income against a $2,778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in N/A
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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A