88 Prince St APT 8BostonMA02113
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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 88 Prince St APT 8, Boston, MA, 02113 priced at $649,000 pairs $3,239/mo rent with after a $3,177/mo payment. Total monthly income equals $3,239/mo. Return on cash invested is 15.27% in year one, and rental yield stands at 5.99% on a $649,000 basis. Equity gained on principal adds $4,188/yr, and 5% annual appreciation accumulates to $179,307 by year five. Five-year ROI measures 78.08% and total cumulative return in cash reaches $166,728. For financing, Ziffy Mortgage’s DSCR program evaluates $3,239/mo property income against a $3,177/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1915
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02113, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,620 (100%) |
| Owner Occupied HU | 849 (18.4%) |
| Renter Occupied HU | 3,403 (73.7%) |
| Vacant Housing Units | 368 ( 8.0%) |
| Median Home Value | $864,083 |
| Average Home Value | $1,042,903 |
Housing Distribution
Address Breakdown
Residential
4,406
Single Family
626
Multi-Family
3,780
Businesses
350
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Listed by: Gabrielle Russo • Coldwell Banker Realty - Boston
Mls Name: MLS PIN
Mls ID: #73416409