8 Spring Garden St APT 3BostonMA02125
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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
Rental property for sale in Boston at 8 Spring Garden St APT 3, Boston, MA, 02125 priced at $579,000 pairs $3,850/mo rent with $201/mo cash flow after a $2,834/mo payment. Total monthly income equals $3,850/mo, and annual cash flow comes to $2,407/yr on $190,491 invested. Return on cash invested is 21.32% in year one, and rental yield stands at 7.98% on a $579,000 basis. Equity gained on principal adds $3,736/yr, and 5% annual appreciation accumulates to $159,967 by year five. Five-year ROI measures 110.55% and total cumulative return in cash reaches $210,595. For financing, Ziffy Mortgage’s DSCR program evaluates $3,850/mo property income against a $2,834/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1933
3,145 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02125, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,153 (100%) |
| Owner Occupied HU | 4,132 (27.3%) |
| Renter Occupied HU | 9,619 (63.5%) |
| Vacant Housing Units | 1,402 ( 9.3%) |
| Median Home Value | $730,658 |
| Average Home Value | $783,180 |
Housing Distribution
Address Breakdown
Residential
13,667
Single Family
5,015
Multi-Family
8,652
Businesses
562
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Listed by: Olivia Tjie • Redfin Corp.
Mls Name: MLS PIN
Mls ID: #73443979