4 Gilmer StMattapanMA02126
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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 Mattapan at 4 Gilmer St, Mattapan, MA, 02126 at $500,000 posts ROI 29.12% with $1,273/mo cash flow from $4,424/mo rent. Total monthly income equals $4,424/mo, and annual cash flow records $15,274/yr on $165,750 to close. Return on cash invested measures 29.12% and rental yield reads 10.62% at the current $500,000. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 152.4% and total cumulative return in cash totals $252,608.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,424/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
4,572 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
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Listed by: Mary Kelly • Century 21 Property Central Inc.
Mls Name: MLS PIN
Mls ID: #73445593