61 Webster St APT 3East BostonMA02128
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 61 Webster St APT 3, East Boston, MA, 02128 in East Boston. Rental yield 7.25%. The 1.34 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $124,327 and $4,145/yr in principal reduction project total return of $163,440.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 5.1% |
| Monthly Cash Flow | $(116) | $1,500 |
City averages based on East Boston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,720 |
| Total Monthly Debt Service | $2,657 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1899
482 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02128, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,400 (100%) |
| Owner Occupied HU | 4,756 (24.5%) |
| Renter Occupied HU | 12,784 (65.9%) |
| Vacant Housing Units | 1,860 ( 9.6%) |
| Median Home Value | $766,192 |
| Average Home Value | $826,123 |
Housing Distribution
Address Breakdown
Residential
17,476
Single Family
8,803
Multi-Family
8,673
Businesses
1,148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1899
482 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02128, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,400 (100%) |
| Owner Occupied HU | 4,756 (24.5%) |
| Renter Occupied HU | 12,784 (65.9%) |
| Vacant Housing Units | 1,860 ( 9.6%) |
| Median Home Value | $766,192 |
| Average Home Value | $826,123 |
Housing Distribution
Address Breakdown
Residential
17,476
Single Family
8,803
Multi-Family
8,673
Businesses
1,148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jose Rojas • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73444757