15 Grant St #2DorchesterMA02125
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 15 Grant St #2, Dorchester, MA, 02125 in Dorchester speaks for itself: 11.17% gross on a $499,000 price, generating $4,645/mo in rent and $1,500/mo in net income after the $2,244/mo debt service. DSCR 2.07, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $18,001 stacks alongside $137,865 in projected five-year appreciation and $4,596/yr in principal reduction. Projected total cumulative return: $286,007.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 5.8% |
| Monthly Cash Flow | $1,500 | $450 |
City averages based on Dorchester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,645 |
| Total Monthly Debt Service | $2,947 |
| DSCR Ratio | 1.58x |
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.
Condo
Built in 1922
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02125, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,153 (100%) |
| Owner Occupied HU | 4,132 (27.3%) |
| Renter Occupied HU | 9,619 (63.5%) |
| Vacant Housing Units | 1,402 ( 9.3%) |
| Median Home Value | $730,658 |
| Average Home Value | $783,180 |
Housing Distribution
Address Breakdown
Residential
13,667
Single Family
5,015
Multi-Family
8,652
Businesses
562
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
Condo
Built in 1922
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02125, Boston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,153 (100%) |
| Owner Occupied HU | 4,132 (27.3%) |
| Renter Occupied HU | 9,619 (63.5%) |
| Vacant Housing Units | 1,402 ( 9.3%) |
| Median Home Value | $730,658 |
| Average Home Value | $783,180 |
Housing Distribution
Address Breakdown
Residential
13,667
Single Family
5,015
Multi-Family
8,652
Businesses
562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cook Real Estate Partners • Keller Williams Elite
Mls Name: MLS PIN
Mls ID: #73427392