528 E 3rd St #2South 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
Investment property for sale in South Boston at 528 E 3rd St #2, South Boston, MA, 02127 uses $165,717 cash to close to unlock $1,500/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $3,276/mo, and a $2,447/mo payment keeps the spread at $125/mo. Purchase price stands at $499,900, and rental yield measures 7.86% with $3,276/mo rent. Return on cash invested shows 20.81% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 107.83% and total cumulative return in cash records $178,692. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,276/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Condo
Built in 1890
581 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: Wilson Group • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73459576