700 Harrison Ave UNIT 615BostonMA02118
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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 700 Harrison Ave UNIT 615, Boston, MA, 02118 listed at $1,457,500 pairs $5,989/mo rent with a $7,134/mo payment. Total monthly income runs $5,989/mo. Return on cash invested measures 10.47% in year one, and rental yield registers 4.93% at a $1,457,500 basis. Equity gained on principal adds $9,405/yr, and annual property appreciation at 5% supports $402,680 by year five. Five-year ROI tracks 52.93% and total cumulative return in cash totals $249,960. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,989/mo property income relative to a $7,134/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
$698 monthly 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: Henry Li • Thread Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73433146
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