89 Morris StEast BostonMA02128
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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 East Boston at 89 Morris St, East Boston, MA, 02128 listed at $1,021,500 pairs $3,779/mo rent with a $5,000/mo payment. Total monthly income runs $3,779/mo. Return on cash invested measures 10.73% in year one, and rental yield registers 4.44% at a $1,021,500 basis. Equity gained on principal adds $6,592/yr, and annual property appreciation at 5% supports $282,222 by year five. Five-year ROI tracks 53.66% and total cumulative return in cash totals $177,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,779/mo property income relative to a $5,000/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1910
1,411 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02128, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,400 (100%) |
| Owner Occupied HU | 4,756 (24.5%) |
| Renter Occupied HU | 12,784 (65.9%) |
| Vacant Housing Units | 1,860 ( 9.6%) |
| Median Home Value | $766,192 |
| Average Home Value | $826,123 |
Housing Distribution
Address Breakdown
Residential
17,476
Single Family
8,803
Multi-Family
8,673
Businesses
1,148
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Listed by: N/A • N/A
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