55 Lagrange St #1010BostonMA02116
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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 Boston at 55 Lagrange St #1010, Boston, MA, 02116 offers a 9.37% rental yield on a $670,000 purchase with $5,230/mo rent. Total monthly income registers $5,230/mo, and a $3,279/mo payment leaves $1,007/mo available for distribution. Annual cash flow reaches $12,089/yr on $220,430 to close, and return on cash invested stands at 25.54% in year one. Equity gained on principal adds $4,323/yr while 5% annual appreciation supports $185,109 over five years. Portfolio math shows five-year ROI at 133.19% and total cumulative return in cash at $293,597. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,230/mo property income against a $3,279/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2022
N/A lot
$N/A/sqft
No 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: Antonio Khoury • Compass
Mls Name: MLS PIN
Mls ID: #73447144