16 Clarkwood St FLOOR 2MattapanMA02126
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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 16 Clarkwood St FLOOR 2, Mattapan, MA, 02126 earns from $2,803/mo rent with a $2,540/mo payment. Total monthly income totals $2,803/mo. ROI tracks 16.77% on current figures, and rental yield reads 6.48% at a $519,000 purchase. Equity gained on principal adds $3,349/yr, and 5% annual appreciation supports $143,390 over five years. Five-year ROI reaches 86.17% and total cumulative return in cash sums $147,129. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,803/mo property income instead of your personal income.
Condo
Built in 1920
N/A 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: Nichols Realty Team • MIG
Mls Name: MLS PIN
Mls ID: #73461850