40 Commonwealth Ave APT ABostonMA02116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 40 Commonwealth Ave APT A, Boston, MA, 02116 priced at $650,000 converts $3,444/mo rent into after a $3,181/mo obligation. Total monthly income equals $3,444/mo. Return on cash invested prints 16.4% in year one, and rental yield reads 6.36% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 84.14% and total cumulative return in cash sums $179,930. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,444/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Condo
Built in 1890
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02116, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,139 (100%) |
| Owner Occupied HU | 4,380 (33.3%) |
| Renter Occupied HU | 7,071 (53.8%) |
| Vacant Housing Units | 1,688 (12.8%) |
| Median Home Value | $1,591,640 |
| Average Home Value | $1,583,967 |
Housing Distribution
Address Breakdown
Residential
12,510
Single Family
1,122
Multi-Family
11,388
Businesses
2,158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine McConville • Coldwell Banker Realty - Boston
Mls Name: MLS PIN
Mls ID: #73433434