5 Shelby St UNIT 2East BostonMA02128
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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 East Boston at 5 Shelby St UNIT 2, East Boston, MA, 02128 priced at $605,600 converts $3,966/mo rent into $149/mo cash flow after a $2,964/mo obligation. Total monthly income equals $3,966/mo, and annual cash flow totals $1,789/yr on $199,242 invested. Return on cash invested prints 20.96% in year one, and rental yield reads 7.86% against a $605,600 entry. Equity gained on principal adds $3,908/yr, while 5% annual appreciation compiles into $167,316 by year five. Five-year ROI reaches 108.6% and total cumulative return in cash sums $216,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,966/mo property income covering a $2,964/mo payment, not borrower’s personal income.
Condo
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02128, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,400 (100%) |
| Owner Occupied HU | 4,756 (24.5%) |
| Renter Occupied HU | 12,784 (65.9%) |
| Vacant Housing Units | 1,860 ( 9.6%) |
| Median Home Value | $766,192 |
| Average Home Value | $826,123 |
Housing Distribution
Address Breakdown
Residential
17,476
Single Family
8,803
Multi-Family
8,673
Businesses
1,148
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Listed by: N/A • N/A
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #73369830