58 Mattapan St UNIT 58MattapanMA02126
INVESTMENT ANALYSIS
Investment Verdict
Solid Income58 Mattapan St UNIT 58, Mattapan, MA, 02126 in Mattapan is a solid income-producing rental, 9.84% gross yield, $3,240/mo rent, $449/mo net cash flow on a $395,200 buy. DSCR 1.82 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $109,186 and $3,640/yr in principal reduction project a total cumulative return of $198,281.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 7.8% |
| Monthly Cash Flow | $449 | $350 |
City averages based on Mattapan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,240 |
| Total Monthly Debt Service | $2,334 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1988
1,343 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02126, Mattapan, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,008 (100%) |
| Owner Occupied HU | 3,452 (38.3%) |
| Renter Occupied HU | 4,930 (54.7%) |
| Vacant Housing Units | 626 ( 6.9%) |
| Median Home Value | $610,132 |
| Average Home Value | $650,400 |
Housing Distribution
Address Breakdown
Residential
8,491
Single Family
4,729
Multi-Family
3,762
Businesses
462
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
Townhouse
Built in 1988
1,343 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02126, Mattapan, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,008 (100%) |
| Owner Occupied HU | 3,452 (38.3%) |
| Renter Occupied HU | 4,930 (54.7%) |
| Vacant Housing Units | 626 ( 6.9%) |
| Median Home Value | $610,132 |
| Average Home Value | $650,400 |
Housing Distribution
Address Breakdown
Residential
8,491
Single Family
4,729
Multi-Family
3,762
Businesses
462
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The REO Team • JDS Realty Group
Mls Name: MLS PIN
Mls ID: #73460139