66 Gates St #2South BostonMA02127
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
Investment Highlights
Investment property for sale in South Boston at 66 Gates St #2, South Boston, MA, 02127 with 5% annual appreciation on a $869,000 basis while $4,816/mo rent supports operations. 29% in year one. Equity gained on principal adds $5,608/yr, and five-year appreciation sums $240,089 alongside rental yield of 6.65%. Five-year ROI measures 88.91% and total cumulative return in cash totals $254,183. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,816/mo property income versus a $4,253/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2003
1,004 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02127, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,088 (100%) |
| Owner Occupied HU | 7,344 (36.6%) |
| Renter Occupied HU | 11,151 (55.5%) |
| Vacant Housing Units | 1,593 ( 7.9%) |
| Median Home Value | $903,895 |
| Average Home Value | $1,006,382 |
Housing Distribution
Address Breakdown
Residential
17,995
Single Family
8,126
Multi-Family
9,869
Businesses
930
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jay Rooney • Jay Rooney
Mls Name: MLS PIN
Mls ID: #73465823