117 Babson 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
Investment property for sale in Mattapan at 117 Babson St, Mattapan, MA, 02126 uses $197,400 cash to close to unlock $7,236/yr annual cash flow and $603/mo monthly cash flow. Total monthly income runs $4,385/mo, and a $2,937/mo payment keeps the spread at $603/mo. Purchase price stands at $600,000, and rental yield measures 8.77% with $4,385/mo rent. Return on cash invested shows 23.73% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 123.42% and total cumulative return in cash records $243,624. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,385/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 1925
3,686 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: Stephanie Lachapelle • Compass
Mls Name: MLS PIN
Mls ID: #73393536
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