7 Hereford St APT 8BostonMA02115
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
Total monthly income runs $3,389/mo, and a $2,904/mo payment. Purchase price stands at $593,400, and rental yield measures 6.85% with $3,389/mo rent. Return on cash invested shows 15.45% in year one, and 5% annual appreciation builds toward $163,945 over five years. Five-year ROI reaches 79.96% and total cumulative return in cash records $156,100. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,389/mo property income covering a $2,904/mo payment rather than investor’s personal income.
Condo
Built in 1880
435 sqft lot
$N/A/sqft
$399 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02115, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,818 (100%) |
| Owner Occupied HU | 1,623 (13.7%) |
| Renter Occupied HU | 9,019 (76.3%) |
| Vacant Housing Units | 1,176 ( 10.0%) |
| Median Home Value | $1,226,667 |
| Average Home Value | $1,304,208 |
Housing Distribution
Address Breakdown
Residential
11,199
Single Family
501
Multi-Family
10,698
Businesses
643
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