705 Massachusetts Ave APT 8RoxburyMA02118
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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 Roxbury at 705 Massachusetts Ave APT 8, Roxbury, MA, 02118 with 5% annual appreciation on a $750,000 basis while $5,700/mo rent supports operations. Total monthly income totals $5,700/mo and a $3,671/mo payment preserves $973/mo for cash returns. Annual cash flow comes to $11,673/yr on $246,750 deployed, and return on cash invested reaches 24.79% in year one. Equity gained on principal adds $4,840/yr, and five-year appreciation sums $207,211 alongside rental yield of 9.12%. Five-year ROI measures 129.14% and total cumulative return in cash totals $318,642.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,700/mo property income versus a $3,671/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1910
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: Shahab Madadi • Compass
Mls Name: MLS PIN
Mls ID: #73457872