55 Devon St APT 1DorchesterMA02121
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 55 Devon St APT 1, Dorchester, MA, 02121 at $383,000 posts ROI 26.64% with $713/mo cash flow from $3,385/mo rent. Total monthly income equals $3,385/mo, and annual cash flow records $8,551/yr on $126,965 to close. Return on cash invested measures 26.64% and rental yield reads 10.61% at the current $383,000. Equity gained on principal adds $2,471/yr, and 5% annual appreciation supports $105,816 by year five. Five-year ROI prints 139.99% and total cumulative return in cash totals $177,738.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,385/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1920
8,712 sqft lot
$N/A/sqft
$258 monthly 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: David Schneider • Here Realty LLC
Mls Name: MLS PIN
Mls ID: #73374690
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.