61 Thatcher St APT 6BrooklineMA02446
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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 Brookline at 61 Thatcher St APT 6, Brookline, MA, 02446 generates $7,397/mo in rent and, after a $4,694/mo payment, leaves $1,352/mo in cash flow. Total monthly income is $7,397/mo, and annual cash flow is $16,229/yr on $315,511 invested. Return on cash invested sits at 25.2% in year one, and rental yield is 9.26% on a $959,000 entry. Equity gained on principal adds $6,188/yr, while 5% annual appreciation builds toward $264,954 over five years. Five-year ROI reaches 131.35% and total cumulative return in cash sums $414,439. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,397/mo property income rather than buyer’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02446, Brookline, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,510 (100%) |
| Owner Occupied HU | 5,569 (35.9%) |
| Renter Occupied HU | 9,254 (59.7%) |
| Vacant Housing Units | 687 ( 4.4%) |
| Median Home Value | $1,396,813 |
| Average Home Value | $1,471,850 |
Housing Distribution
Address Breakdown
Residential
14,194
Single Family
2,906
Multi-Family
11,288
Businesses
1,121
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Listed by: The Shorey Realty Group • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73429196