23 Tonawanda StDorchesterMA02124
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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 Dorchester at 23 Tonawanda St, Dorchester, MA, 02124 with 5% annual appreciation on a $1,599,999 basis while $4,514/mo rent supports operations. 48% in year one. Equity gained on principal adds $10,325/yr, and five-year appreciation sums $442,050 alongside rental yield of 3.39%. Five-year ROI measures 36.22% and total cumulative return in cash totals $187,779. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,514/mo property income versus a $7,831/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
5,500 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
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Listed by: Melvin A. Vieira Jr. • RE/MAX Real Estate Center
Mls Name: MLS PIN
Mls ID: #73449239