464 Hanover St APT 7BostonMA02113
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 464 Hanover St APT 7, Boston, MA, 02113 in Boston is a conservative rental investment at $704,800. Rental yield 6.74%. A 1.25 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $194,723; $6,491/yr in principal paydown supplements. Total projected return: $236,610.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 4.2% |
| Monthly Cash Flow | $(482) | $1,850 |
City averages based on Boston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,960 |
| Total Monthly Debt Service | $4,162 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02113, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,620 (100%) |
| Owner Occupied HU | 849 (18.4%) |
| Renter Occupied HU | 3,403 (73.7%) |
| Vacant Housing Units | 368 ( 8.0%) |
| Median Home Value | $864,083 |
| Average Home Value | $1,042,903 |
Housing Distribution
Address Breakdown
Residential
4,406
Single Family
626
Multi-Family
3,780
Businesses
350
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
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02113, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,620 (100%) |
| Owner Occupied HU | 849 (18.4%) |
| Renter Occupied HU | 3,403 (73.7%) |
| Vacant Housing Units | 368 ( 8.0%) |
| Median Home Value | $864,083 |
| Average Home Value | $1,042,903 |
Housing Distribution
Address Breakdown
Residential
4,406
Single Family
626
Multi-Family
3,780
Businesses
350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A