Searching for Boston properties on Zillow yields a sea of red dots. There must be some investment value in that haystack of residential properties, right? Well here it is, 10 investable properties in Boston with serious cashflow potential:
1) 16 Dudley Ter, Boston, MA
Listed: $429,999
Rent Zestimate: $3,300
Zillow’s estimated monthly cost: $1,851
Ballpark monthly cashflow: $1,449
2) 9 Fairland St #B, Roxbury, MA
Listed: $430,000
Rent Zestimate: $3,499
Zillow’s estimated monthly cost: $2,101
Ballpark monthly cashflow: $1,398
3) 650 Metropolitan Ave APT 1, Hyde Park, MA
Listed: $279,900
Rent Zestimate: $2,362
Zillow’s estimated monthly cost: $1,455
Ballpark monthly cashflow: $907
4) 71 W Selden St APT 6, Boston, MA
Listed: $319,000
Rent Zestimate: $2,499
Zillow’s estimated monthly cost: $1,636
Ballpark monthly cashflow: $863
5) 790 Hyde Park Ave APT 5, Boston, MA
Listed: $179,990
Rent Zestimate: $1,798
Zillow’s estimated monthly cost: $1,017
Ballpark monthly cashflow: $781
6) 408 Seaver St #3, Dorchester, MA
Listed: $479,999
Rent Zestimate: $3,399
Zillow’s estimated monthly cost: $2,067
Ballpark monthly cashflow: $1,332
7) 49 Intervale St #3, Dorchester, MA
Listed: $419,000
Rent Zestimate: $2,882
Zillow’s estimated monthly cost: $1,804
Ballpark monthly cashflow: $1,078
8) 102 Moreland St, Boston, MA
Listed: $539,900
Rent Zestimate: $3,499
Zillow’s estimated monthly cost: $2,324
Ballpark monthly cashflow: $1,175
9) 1568 Commonwealth Ave #B, Boston, MA
Listed: $579,990
Rent Zestimate: $4,250
Zillow’s estimated monthly cost: $2,993
Ballpark monthly cashflow: $1,257
10) 120 Faywood Ave, East Boston, MA
Listed: $699,900
Rent Zestimate: $4,440
Zillow’s estimated monthly cost: $2,996
Ballpark monthly cashflow: $1,404
Hope you enjoyed the list! The quoted monthly costs are using Zillow’s default parameters. Of course these numbers are not perfectly reflective of reality, but they might justify doing further due diligence if a property fits into your investment model.
For inquiries about my real estate analytics services, or to let me know what other real estate markets you’d like to see analyzed please email me at ben.propertyfunnel@gmail.com.
- Ben