6 Deering RdMattapanMA02126
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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 Mattapan at 6 Deering Rd, Mattapan, MA, 02126 priced at $1,175,000 pairs $3,229/mo rent with after a $5,751/mo payment. Total monthly income equals $3,229/mo. Return on cash invested is 7.2% in year one, and rental yield stands at 3.3% on a $1,175,000 basis. Equity gained on principal adds $7,582/yr, and 5% annual appreciation accumulates to $324,631 by year five. Five-year ROI measures 34.77% and total cumulative return in cash reaches $132,382. For financing, Ziffy Mortgage’s DSCR program evaluates $3,229/mo property income against a $5,751/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
4,049 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
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Listed by: Moses Olatunde • BlessMoo Realty
Mls Name: MLS PIN
Mls ID: #73436644