56 Fairmount St #2DorchesterMA02124
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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
Rental property for sale in Dorchester at 56 Fairmount St #2, Dorchester, MA, 02124 priced at $675,000 pairs $4,364/mo rent with $109/mo cash flow after a $3,304/mo payment. Total monthly income equals $4,364/mo, and annual cash flow comes to $1,312/yr on $222,075 invested. Return on cash invested is 20.65% in year one, and rental yield stands at 7.76% on a $675,000 basis. Equity gained on principal adds $4,356/yr, and 5% annual appreciation accumulates to $186,490 by year five. Five-year ROI measures 106.95% and total cumulative return in cash reaches $237,507. For financing, Ziffy Mortgage’s DSCR program evaluates $4,364/mo property income against a $3,304/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2007
1,842 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: Doyle & Waldron Team • Coldwell Banker Realty - Easton
Mls Name: MLS PIN
Mls ID: #73433330