13 Patterson StDorchesterMA02124
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
Investment Highlights
Rental property for sale in Dorchester at 13 Patterson St, Dorchester, MA, 02124 priced at $760,900 converts $3,480/mo rent into after a $3,724/mo obligation. Total monthly income equals $3,480/mo. Return on cash invested prints 13.75% in year one, and rental yield reads 5.49% against a $760,900 entry. Equity gained on principal adds $4,910/yr, while 5% annual appreciation compiles into $210,223 by year five. Five-year ROI reaches 69.96% and total cumulative return in cash sums $175,124. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,480/mo property income covering a $3,724/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02124, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,749 (100%) |
| Owner Occupied HU | 7,175 (36.3%) |
| Renter Occupied HU | 11,210 (56.8%) |
| Vacant Housing Units | 1,364 ( 6.9%) |
| Median Home Value | $689,463 |
| Average Home Value | $727,752 |
Housing Distribution
Address Breakdown
Residential
17,762
Single Family
9,263
Multi-Family
8,499
Businesses
895
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A