48 Bailey 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
Investment property for sale in Dorchester at 48 Bailey St #1, Dorchester, MA, 02124 offers a 7.42% rental yield on a $549,500 purchase with $3,396/mo rent. 61% in year one. Equity gained on principal adds $3,546/yr while 5% annual appreciation supports $151,817 over five years. Portfolio math shows five-year ROI at 101.38% and total cumulative return in cash at $183,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,396/mo property income against a $2,690/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1905
910 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: N/A • N/A
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