61 Shepton StDorchesterMA02124
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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 61 Shepton St, Dorchester, MA, 02124 priced at $1,530,000 converts $4,494/mo rent into after a $7,489/mo obligation. Total monthly income equals $4,494/mo. Return on cash invested prints 7.9% in year one, and rental yield reads 3.52% against a $1,530,000 entry. Equity gained on principal adds $9,873/yr, while 5% annual appreciation compiles into $422,711 by year five. Five-year ROI reaches 38.52% and total cumulative return in cash sums $190,966. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,494/mo property income covering a $7,489/mo payment, not borrower’s personal income.
Multi Family
Built in 1920
3,233 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: MyHong Dang • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73456832