69-71 Halifax St Unit 1Jamaica PlainMA02130
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 69-71 Halifax St Unit 1, Jamaica Plain, MA, 02130 in Jamaica Plain at $889,000 earns $5,920/mo in rent and nets $96/mo after the $3,998/mo payment, a 7.99% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $245,614 over five years. Ziffy Mortgage underwrites this on a 1.48 DSCR without U.S. credit history. With $8,188/yr in principal paydown, total projected return reaches $357,876.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.5% |
| Monthly Cash Flow | $96 | $1,200 |
City averages based on Jamaica Plain market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,920 |
| Total Monthly Debt Service | $5,250 |
| DSCR Ratio | 1.13x |
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 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02130, Jamaica Plain, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,658 (100%) |
| Owner Occupied HU | 7,199 (40.8%) |
| Renter Occupied HU | 9,127 (51.7%) |
| Vacant Housing Units | 1,332 ( 7.5%) |
| Median Home Value | $859,660 |
| Average Home Value | $963,147 |
Housing Distribution
Address Breakdown
Residential
16,372
Single Family
7,251
Multi-Family
9,121
Businesses
984
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 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02130, Jamaica Plain, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,658 (100%) |
| Owner Occupied HU | 7,199 (40.8%) |
| Renter Occupied HU | 9,127 (51.7%) |
| Vacant Housing Units | 1,332 ( 7.5%) |
| Median Home Value | $859,660 |
| Average Home Value | $963,147 |
Housing Distribution
Address Breakdown
Residential
16,372
Single Family
7,251
Multi-Family
9,121
Businesses
984
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73493735