98-100 Bourne StJamaica PlainMA02130
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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 Jamaica Plain at 98-100 Bourne St, Jamaica Plain, MA, 02130 uses $233,261 cash to close to unlock $17,418/yr annual cash flow and $1,451/mo monthly cash flow. Total monthly income runs $5,920/mo, and a $3,470/mo payment keeps the spread at $1,451/mo. Purchase price stands at $709,000, and rental yield measures 10.02% with $5,920/mo rent. Return on cash invested shows 27.53% in year one, and 5% annual appreciation builds toward $195,884 over five years. Five-year ROI reaches 143.82% and total cumulative return in cash records $335,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,920/mo property income covering a $3,470/mo payment rather than investor’s personal income.
Condo
Built in 1925
1,585 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02130, Jamaica Plain, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,658 (100%) |
| Owner Occupied HU | 7,199 (40.8%) |
| Renter Occupied HU | 9,127 (51.7%) |
| Vacant Housing Units | 1,332 ( 7.5%) |
| Median Home Value | $859,660 |
| Average Home Value | $963,147 |
Housing Distribution
Address Breakdown
Residential
16,372
Single Family
7,251
Multi-Family
9,121
Businesses
984
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Listed by: The Muncey Group • Compass
Mls Name: MLS PIN
Mls ID: #73437748