580 Washington St #611BostonMA02111
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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 580 Washington St #611, Boston, MA, 02111 listed at $975,000 pairs $5,734/mo rent with a $4,772/mo payment. Total monthly income runs $5,734/mo. Return on cash invested measures 18.52% in year one, and rental yield registers 7.06% at a $975,000 basis. Equity gained on principal adds $6,292/yr, and annual property appreciation at 5% supports $269,375 by year five. Five-year ROI tracks 95.51% and total cumulative return in cash totals $306,387. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,734/mo property income relative to a $4,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Sobel Group • Compass
Mls Name: MLS PIN
Mls ID: #73414752