63 Melcher St APT 208BostonMA02210
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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 63 Melcher St APT 208, Boston, MA, 02210 listed at $619,000 pairs $3,652/mo rent with a $3,030/mo payment. Total monthly income runs $3,652/mo. Return on cash invested measures 15.18% in year one, and rental yield registers 7.08% at a $619,000 basis. Equity gained on principal adds $3,994/yr, and annual property appreciation at 5% supports $171,018 by year five. Five-year ROI tracks 78.84% and total cumulative return in cash totals $160,549. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,652/mo property income relative to a $3,030/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1916
N/A lot
$N/A/sqft
$579 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02210, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,083 (100%) |
| Owner Occupied HU | 869 (14.3%) |
| Renter Occupied HU | 4,114 (67.6%) |
| Vacant Housing Units | 1,100 (18.1%) |
| Median Home Value | $1,294,057 |
| Average Home Value | $1,362,020 |
Housing Distribution
Address Breakdown
Residential
5,468
Single Family
4
Multi-Family
5,464
Businesses
1,193
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Listed by: John D. Conroy • East Coast Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73304487
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