3 Spring Garden St #1DorchesterMA02125
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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 3 Spring Garden St #1, Dorchester, MA, 02125 offers a 6.73% rental yield on a $600,000 purchase with $3,366/mo rent. 53% in year one. Equity gained on principal adds $3,872/yr while 5% annual appreciation supports $165,769 over five years. Portfolio math shows five-year ROI at 90.21% and total cumulative return in cash at $178,068. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,366/mo property income against a $2,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1905
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
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Listed by: Nuri Tirana • Tirana Real Estate Group
Mls Name: MLS PIN
Mls ID: #73426408