408 Seaver St #2DorchesterMA02121
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
Investment Highlights
Investment property for sale in Dorchester at 408 Seaver St #2, Dorchester, MA, 02121 uses $192,465 cash to close to unlock $14,221/yr annual cash flow and $1,185/mo monthly cash flow. Total monthly income runs $4,872/mo, and a $2,863/mo payment keeps the spread at $1,185/mo. Purchase price stands at $585,000, and rental yield measures 9.99% with $4,872/mo rent. Return on cash invested shows 27.45% in year one, and 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 143.42% and total cumulative return in cash records $276,030. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,872/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Townhouse
Built in 1905
1,900 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,452
Single Family
3,449
Multi-Family
6,003
Businesses
402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eddie Veiga • Century 21 Signature Properties
Mls Name: MLS PIN
Mls ID: #73455553