479 E 6th StSouth BostonMA02127
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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
Rental property for sale in South Boston at 479 E 6th St, South Boston, MA, 02127 priced at $1,085,000 converts $5,658/mo rent into after a $5,311/mo obligation. Total monthly income equals $5,658/mo. Return on cash invested prints 16.34% in year one, and rental yield reads 6.26% against a $1,085,000 entry. Equity gained on principal adds $7,001/yr, while 5% annual appreciation compiles into $299,766 by year five. Five-year ROI reaches 83.75% and total cumulative return in cash sums $294,398. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,658/mo property income covering a $5,311/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
693 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02127, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,088 (100%) |
| Owner Occupied HU | 7,344 (36.6%) |
| Renter Occupied HU | 11,151 (55.5%) |
| Vacant Housing Units | 1,593 ( 7.9%) |
| Median Home Value | $903,895 |
| Average Home Value | $1,006,382 |
Housing Distribution
Address Breakdown
Residential
17,995
Single Family
8,126
Multi-Family
9,869
Businesses
930
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Listed by: Team Galvin • The Galvin Group, LLC
Mls Name: MLS PIN
Mls ID: #73462981