86 W Springfield St #2BostonMA02118
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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 Boston at 86 W Springfield St #2, Boston, MA, 02118 offers a 6.75% rental yield on a $649,900 purchase with $3,653/mo rent. 57% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,555 over five years. Portfolio math shows five-year ROI at 90.43% and total cumulative return in cash at $193,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,653/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1875
625 sqft 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: Steven Cohen Team • Keller Williams Realty Boston-Metro | Back Bay
Mls Name: MLS PIN
Mls ID: #73417832