98 Bourne StJamaica PlainMA02130
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 98 Bourne St, Jamaica Plain, MA, 02130 in Jamaica Plain speaks for itself: 10.82% gross on a $699,000 price, generating $6,300/mo in rent and $1,894/mo in net income after the $3,143/mo debt service. DSCR 2.00, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $22,732 stacks alongside $193,121 in projected five-year appreciation and $6,438/yr in principal reduction. Projected total cumulative return: $387,309.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 5.5% |
| Monthly Cash Flow | $1,894 | $1,200 |
City averages based on Jamaica Plain market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,300 |
| Total Monthly Debt Service | $4,128 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Muncey Group • Compass
Mls Name: MLS PIN
Mls ID: #73443428