39 Torrey St #1DorchesterMA02124
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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
Rental property for sale in Dorchester at 39 Torrey St #1, Dorchester, MA, 02124 priced at $390,000 pairs $2,642/mo rent with $184/mo cash flow after a $1,909/mo payment. Total monthly income equals $2,642/mo, and annual cash flow comes to $2,205/yr on $129,285 invested. Return on cash invested is 21.61% in year one, and rental yield stands at 8.13% on a $390,000 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,750 by year five. Five-year ROI measures 112.13% and total cumulative return in cash reaches $144,968. For financing, Ziffy Mortgage’s DSCR program evaluates $2,642/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1905
1,106 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: Minh Voduy • Thread Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73437544