8 W Hill Pl APT 1BostonMA02114
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 Boston at 8 W Hill Pl APT 1, Boston, MA, 02114 priced at $1,795,000 pairs $6,698/mo rent with after a $8,786/mo payment. Total monthly income equals $6,698/mo. Return on cash invested is 8.78% in year one, and rental yield stands at 4.48% on a $1,795,000 basis. Equity gained on principal adds $11,583/yr, and 5% annual appreciation accumulates to $495,925 by year five. Five-year ROI measures 43.98% and total cumulative return in cash reaches $255,781. For financing, Ziffy Mortgage’s DSCR program evaluates $6,698/mo property income against a $8,786/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1916
N/A lot
$N/A/sqft
$1,000 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02114, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,898 (100%) |
| Owner Occupied HU | 1,846 (16.9%) |
| Renter Occupied HU | 7,855 (72.1%) |
| Vacant Housing Units | 1,197 (11.0%) |
| Median Home Value | $1,194,444 |
| Average Home Value | $1,273,178 |
Housing Distribution
Address Breakdown
Residential
10,381
Single Family
557
Multi-Family
9,824
Businesses
1,040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Singleton Adam • Gibson Sothebys Boston Back Bay
Mls Name: LINK
Mls ID: #238334
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.