40 Fay St UNIT 704BostonMA02118
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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 40 Fay St UNIT 704, Boston, MA, 02118 listed at $651,200 pairs $3,952/mo rent with a $3,187/mo payment. Total monthly income runs $3,952/mo. Return on cash invested measures 19.21% in year one, and rental yield registers 7.28% at a $651,200 basis. Equity gained on principal adds $4,202/yr, and annual property appreciation at 5% supports $179,915 by year five. Five-year ROI tracks 99.19% and total cumulative return in cash totals $212,514. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,952/mo property income relative to a $3,187/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 2006
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02118, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,315 (100%) |
| Owner Occupied HU | 4,206 (25.8%) |
| Renter Occupied HU | 10,816 (66.3%) |
| Vacant Housing Units | 1,293 ( 7.9%) |
| Median Home Value | $1,248,113 |
| Average Home Value | $1,364,634 |
Housing Distribution
Address Breakdown
Residential
14,717
Single Family
1,682
Multi-Family
13,035
Businesses
1,262
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Listed by: N/A • N/A
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