6 Eight School StCharlestownMA02129
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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
Rental property for sale in Charlestown at 6 Eight School St, Charlestown, MA, 02129 priced at $1,800,000 pairs $3,840/mo rent with after a $8,810/mo payment. Total monthly income equals $3,840/mo. Return on cash invested is 4.93% in year one, and rental yield stands at 2.56% on a $1,800,000 basis. Equity gained on principal adds $11,615/yr, and 5% annual appreciation accumulates to $497,307 by year five. Five-year ROI measures 22.55% and total cumulative return in cash reaches $131,519. For financing, Ziffy Mortgage’s DSCR program evaluates $3,840/mo property income against a $8,810/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
1,260 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02129, Charlestown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,420 (100%) |
| Owner Occupied HU | 4,101 (43.5%) |
| Renter Occupied HU | 4,655 (49.4%) |
| Vacant Housing Units | 664 ( 7.0%) |
| Median Home Value | $978,367 |
| Average Home Value | $1,127,259 |
Housing Distribution
Address Breakdown
Residential
8,644
Single Family
3,214
Multi-Family
5,430
Businesses
687
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Listed by: Carleton Ashley • Compass
Mls Name: MLS PIN
Mls ID: #73468455