32 Ellison AveMattapanMA02126
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 32 Ellison Ave, Mattapan, MA, 02126 in Mattapan: $4,926/mo in rent, $618/mo in net income, 8.65% gross yield, 1.60 DSCR, all at $683,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $188,838 in appreciation and $6,295/yr in principal paydown projects total cumulative return of $299,336.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 7.8% |
| Monthly Cash Flow | $618 | $350 |
City averages based on Mattapan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,926 |
| Total Monthly Debt Service | $4,036 |
| DSCR Ratio | 1.22x |
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.
Single Family
Built in 1939
5,000 sqft 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
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
Single Family
Built in 1939
5,000 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Harrison • Boston Bayside Properties, LLC
Mls Name: MLS PIN
Mls ID: #73415835