77 pond Avenue #1103Chestnut HillMA02467
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
Rental property for sale in Chestnut Hill at 77 pond Avenue #1103, Chestnut Hill, MA, 02467 generates $3,574/mo in rent and, after a $2,660/mo payment, leaves $149/mo in cash flow. Total monthly income is $3,574/mo, and annual cash flow is $1,785/yr on $178,779 invested. Return on cash invested sits at 21.06% in year one, and rental yield is 7.89% on a $543,400 entry. Equity gained on principal adds $3,506/yr, while 5% annual appreciation builds toward $150,131 over five years. Five-year ROI reaches 109.13% and total cumulative return in cash sums $195,098. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,574/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02467, Chestnut Hill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,349 (100%) |
| Owner Occupied HU | 4,325 (58.9%) |
| Renter Occupied HU | 2,313 (31.5%) |
| Vacant Housing Units | 711 ( 9.7%) |
| Median Home Value | $1,542,741 |
| Average Home Value | $1,485,652 |
Housing Distribution
Address Breakdown
Residential
7,093
Single Family
4,453
Multi-Family
2,640
Businesses
505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joyce A Crowe • Crowe Properties
Mls Name: CCIMLS
Mls ID: #22505120