405 Washington St APT 2BrooklineMA02446
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 405 Washington St APT 2, Brookline, MA, 02446 in Brookline. Priced at $610,000, it generates $5,958/mo in gross rent and $1,579/mo in net monthly cash flow, a 11.72% yield that comfortably supports the 2.06 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $18,951. Five-year appreciation: $168,532. Equity from principal paydown: $5,114/yr. Total projected cumulative return: $324,062.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 5.0% |
| Monthly Cash Flow | $1,579 | $1,500 |
City averages based on Brookline market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $5,958 |
| Total Monthly Debt Service | $4,285 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02446, Brookline, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,510 (100%) |
| Owner Occupied HU | 5,569 (35.9%) |
| Renter Occupied HU | 9,254 (59.7%) |
| Vacant Housing Units | 687 ( 4.4%) |
| Median Home Value | $1,396,813 |
| Average Home Value | $1,471,850 |
Housing Distribution
Address Breakdown
Residential
14,194
Single Family
2,906
Multi-Family
11,288
Businesses
1,121
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Valerie Filiberto • A & S Realty Co., Inc.
Mls Name: MLS PIN
Mls ID: #73599291
