24 Marden Ave UNIT 24Dorchester CenterMA02124
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
Investment property for sale in Dorchester Center at 24 Marden Ave UNIT 24, Dorchester Center, MA, 02124 listed at $420,000 pairs $3,480/mo rent with a $2,056/mo payment to leave $833/mo cash flow. Total monthly income runs $3,480/mo, and annual cash flow reaches $9,990/yr on $139,230 cash to close. Return on cash invested measures 27.08% in year one, and rental yield registers 9.94% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 141.47% and total cumulative return in cash totals $196,975. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,480/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1988
1,646 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: Latasha Sarpy • GMH Realty
Mls Name: MLS PIN
Mls ID: #73459118