116 Almont StMattapanMA02126
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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
Rental property for sale in Mattapan at 116 Almont St, Mattapan, MA, 02126 generates $5,023/mo in rent and, after a $3,377/mo payment, leaves $674/mo in cash flow. Total monthly income is $5,023/mo, and annual cash flow is $8,091/yr on $227,010 invested. Return on cash invested sits at 23.62% in year one, and rental yield is 8.74% on a $690,000 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 122.9% and total cumulative return in cash sums $278,984. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,023/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
4,836 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02126, Mattapan, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,008 (100%) |
| Owner Occupied HU | 3,452 (38.3%) |
| Renter Occupied HU | 4,930 (54.7%) |
| Vacant Housing Units | 626 ( 6.9%) |
| Median Home Value | $610,132 |
| Average Home Value | $650,400 |
Housing Distribution
Address Breakdown
Residential
8,491
Single Family
4,729
Multi-Family
3,762
Businesses
462
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Listed by: Tamayo Manzanillo • Jasen Daniel Real Estate
Mls Name: MLS PIN
Mls ID: #73419658