574 E 3rd StSouth 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 574 E 3rd St, South Boston, MA, 02127 listed at $1,999,000 pairs $6,916/mo rent with a $9,784/mo payment. Total monthly income runs $6,916/mo. Return on cash invested measures 9.84% in year one, and rental yield registers 4.15% at a $1,999,000 basis. Equity gained on principal adds $12,899/yr, and annual property appreciation at 5% supports $552,287 by year five. Five-year ROI tracks 48.9% and total cumulative return in cash totals $316,709. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,916/mo property income relative to a $9,784/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1890
4,800 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: Matthew Giangregorio • Charlesgate Realty Group, llc
Mls Name: MLS PIN
Mls ID: #73448723