55 Devon St APT 6DorchesterMA02121
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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 55 Devon St APT 6, Dorchester, MA, 02121 earns $1,095/mo cash flow from $3,304/mo rent with a $1,561/mo payment. Total monthly income totals $3,304/mo, and annual cash flow totals $13,139/yr on $105,715 capital. ROI tracks 32.34% on current figures, and rental yield reads 12.43% at a $318,900 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,106 over five years. Five-year ROI reaches 170.44% and total cumulative return in cash sums $180,186. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,304/mo property income instead of your personal income.
Condo
Built in 1920
871 sqft lot
$N/A/sqft
$199 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
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