698 E 5th StSouth BostonMA02127
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 698 E 5th St, South Boston, MA, 02127 in South Boston: $6,026/mo in rent, $203/mo in net income, 7.83% gross yield, 1.45 DSCR, all at $924,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $255,284 in appreciation and $8,510/yr in principal paydown projects total cumulative return of $363,825.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 5.1% |
| Monthly Cash Flow | $203 | $750 |
City averages based on South Boston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,026 |
| Total Monthly Debt Service | $5,456 |
| DSCR Ratio | 1.10x |
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.
Single Family
Built in 1890
2,117 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
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
Single Family
Built in 1890
2,117 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: David Cahill • Century 21 Cityside
Mls Name: MLS PIN
Mls ID: #73425727