40 Devon St APT 3, Dorchester, MA, 02121 | $411/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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40 Devon St APT 3, Dorchester, MA, 02121 | $411/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dorchester at 40 Devon St APT 3, Dorchester, MA, 02121 uses $142,512 cash to close to unlock $4,927/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $3,120/mo, and a $2,104/mo payment keeps the spread at $411/mo. Purchase price stands at $429,900, and rental yield measures 8.71% with $3,120/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 121.53% and total cumulative return in cash records $173,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,120/mo property income covering a $2,104/mo payment rather than investor’s personal income.

Condo

Built in 1900

3,970 sqft lot

$N/A/sqft

No HOA

More details about the property

AN ABSOLUTE GEM! Top Floor and LAST of 3 condos left on the market at 40 Devon St. Come check out this spacious, renovated 2-Bedroom with nearly 900 SqFt., an efficient Open Living Room-Kitchen Layout featuring a Skylight as well as a subtle set of in-unit Washer/Dryer with a classy sliding doors to keep your living space free and clear. Large bedrooms with ample closet space. Naturally bright condo with meticulous and stellar finishes throughout. Brand New Roof (~2 months). Video Tours available upon request.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02121, Boston, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,002 (100%)
Owner Occupied HU	2,345 (21.3%)
Renter Occupied HU	7,947 (72.2%)
Vacant Housing Units	710 ( 6.5%)
Median Home Value	$687,999
Average Home Value	$709,643