88 Wharf St Unit 105MiltonMA02186
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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 Milton at 88 Wharf St Unit 105, Milton, MA, 02186 offers a 3.41% rental yield on a $899,000 purchase with $2,558/mo rent. 45% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 36.14% and total cumulative return in cash at $106,894. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,558/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02186, Milton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,884 (100%) |
| Owner Occupied HU | 7,881 (79.7%) |
| Renter Occupied HU | 1,685 (17.0%) |
| Vacant Housing Units | 318 ( 3.2%) |
| Median Home Value | $949,469 |
| Average Home Value | $1,103,733 |
Housing Distribution
Address Breakdown
Residential
9,670
Single Family
8,817
Multi-Family
853
Businesses
445
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Listed by: Kim Powers • Coldwell Banker Realty - Milton
Mls Name: MLS PIN
Mls ID: #73472869