397 Commonwealth Ave #2BostonMA02215
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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 397 Commonwealth Ave #2, Boston, MA, 02215 projects strong ROI of 0.87%. Rental yield 1.24%. With 5% annual appreciation, the property builds $2,293,137 in value over five years. Equity growth combined delivers a projected five-year ROI of 0.77%, translating into $20,740 in total cumulative return on $2,689,200 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 1899
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: Tracy Campion • Campion & Company Fine Homes Real Estate
Mls Name: MLS PIN
Mls ID: #73469029