57 Charter St APT 4ABostonMA02113
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.67% yield at 57 Charter St APT 4A, Boston, MA, 02113 in Boston is solid, but the $1,664/mo payment compresses net cash flow to $194/mo at $370,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $102,224 by year five, and $3,408/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.61) without U.S. income documentation. Total projected return: $162,334.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 4.2% |
| Monthly Cash Flow | $194 | $1,850 |
City averages based on Boston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,672 |
| Total Monthly Debt Service | $2,185 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1880
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02113, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,620 (100%) |
| Owner Occupied HU | 849 (18.4%) |
| Renter Occupied HU | 3,403 (73.7%) |
| Vacant Housing Units | 368 ( 8.0%) |
| Median Home Value | $864,083 |
| Average Home Value | $1,042,903 |
Housing Distribution
Address Breakdown
Residential
4,406
Single Family
626
Multi-Family
3,780
Businesses
350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1880
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02113, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,620 (100%) |
| Owner Occupied HU | 849 (18.4%) |
| Renter Occupied HU | 3,403 (73.7%) |
| Vacant Housing Units | 368 ( 8.0%) |
| Median Home Value | $864,083 |
| Average Home Value | $1,042,903 |
Housing Distribution
Address Breakdown
Residential
4,406
Single Family
626
Multi-Family
3,780
Businesses
350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73483866