7 E Springfield St UNIT 5BBostonMA02118
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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 7 E Springfield St UNIT 5B, Boston, MA, 02118 at $1,499,000 posts ROI 10.04% with from $5,267/mo rent. Total monthly income equals $5,267/mo. Return on cash invested measures 10.04% and rental yield reads 4.22% at the current $1,499,000. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 by year five. Five-year ROI prints 49.97% and total cumulative return in cash totals $242,673. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,267/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02118, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,315 (100%) |
| Owner Occupied HU | 4,206 (25.8%) |
| Renter Occupied HU | 10,816 (66.3%) |
| Vacant Housing Units | 1,293 ( 7.9%) |
| Median Home Value | $1,248,113 |
| Average Home Value | $1,364,634 |
Housing Distribution
Address Breakdown
Residential
14,717
Single Family
1,682
Multi-Family
13,035
Businesses
1,262
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Listed by: Todd Anzlovar • Coldwell Banker Realty - Boston
Mls Name: MLS PIN
Mls ID: #73461814