8 Gannett StBostonMA02121
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
Investment property for sale in Boston at 8 Gannett St, Boston, MA, 02121 listed at $859,000 pairs $5,935/mo rent with a $4,204/mo payment to leave $521/mo cash flow. Total monthly income runs $5,935/mo, and annual cash flow reaches $6,255/yr on $282,611 cash to close. Return on cash invested measures 22.27% in year one, and rental yield registers 8.29% at a $859,000 basis. Equity gained on principal adds $5,543/yr, and annual property appreciation at 5% supports $237,326 by year five. Five-year ROI tracks 115.65% and total cumulative return in cash totals $326,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,935/mo property income relative to a $4,204/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
0.06 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02121, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,002 (100%) |
| Owner Occupied HU | 2,345 (21.3%) |
| Renter Occupied HU | 7,947 (72.2%) |
| Vacant Housing Units | 710 ( 6.5%) |
| Median Home Value | $687,999 |
| Average Home Value | $709,643 |
Housing Distribution
Address Breakdown
Residential
9,452
Single Family
3,449
Multi-Family
6,003
Businesses
402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natasha Smith Durand • Zander Realty Group
Mls Name: MLS PIN
Mls ID: #73445399