687 E 2nd St UNIT 3South 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 687 E 2nd St UNIT 3, South Boston, MA, 02127 listed at $934,200 pairs $6,038/mo rent with a $4,572/mo payment. Total monthly income runs $6,038/mo. Return on cash invested measures 19.14% in year one, and rental yield registers 7.76% at a $934,200 basis. Equity gained on principal adds $6,028/yr, and annual property appreciation at 5% supports $258,102 by year five. Five-year ROI tracks 99.38% and total cumulative return in cash totals $305,457. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,038/mo property income relative to a $4,572/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2014
1,306 sqft lot
$N/A/sqft
$386 monthly 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A