55 Lagrange #PENTHOUSE 21EBostonMA02116
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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 Boston at 55 Lagrange #PENTHOUSE 21E, Boston, MA, 02116 priced at $1,870,000 converts $6,264/mo rent into after a $9,153/mo obligation. Total monthly income equals $6,264/mo. Return on cash invested prints 5.41% in year one, and rental yield reads 4.02% against a $1,870,000 entry. Equity gained on principal adds $12,067/yr, while 5% annual appreciation compiles into $516,647 by year five. Five-year ROI reaches 26.61% and total cumulative return in cash sums $161,224. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,264/mo property income covering a $9,153/mo payment, not borrower’s personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
$2,030 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02116, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,139 (100%) |
| Owner Occupied HU | 4,380 (33.3%) |
| Renter Occupied HU | 7,071 (53.8%) |
| Vacant Housing Units | 1,688 (12.8%) |
| Median Home Value | $1,591,640 |
| Average Home Value | $1,583,967 |
Housing Distribution
Address Breakdown
Residential
12,510
Single Family
1,122
Multi-Family
11,388
Businesses
2,158
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Listed by: The Sarkis Team • Douglas Elliman Real Estate - Park Plaza
Mls Name: MLS PIN
Mls ID: #73408307
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