580 Washington St #5CBostonMA02111
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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
Total monthly income runs $7,582/mo, and a $8,316/mo payment. Purchase price stands at $1,699,000, and rental yield measures 5.36% with $7,582/mo rent. Return on cash invested shows 13.55% in year one, and 5% annual appreciation builds toward $469,402 over five years. Five-year ROI reaches 68.82% and total cumulative return in cash records $378,833. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,582/mo property income covering a $8,316/mo payment rather than investor’s personal income.
Condo
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02111, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,709 (100%) |
| Owner Occupied HU | 1,035 (22.0%) |
| Renter Occupied HU | 2,958 (62.8%) |
| Vacant Housing Units | 716 (15.2%) |
| Median Home Value | $1,128,543 |
| Average Home Value | $1,267,136 |
Housing Distribution
Address Breakdown
Residential
4,889
Single Family
282
Multi-Family
4,607
Businesses
1,048
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Listed by: Cil Cangiano • Barrett Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73466222