64 Norfolk 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
Investment property for sale in Dorchester at 64 Norfolk St, Dorchester, MA, 02124 earns $1,537/mo cash flow from $4,531/mo rent with a $2,325/mo payment. Total monthly income totals $4,531/mo, and annual cash flow totals $18,444/yr on $157,463 capital. ROI tracks 31.62% on current figures, and rental yield reads 11.45% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 165.83% and total cumulative return in cash sums $261,127. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,531/mo property income instead of your personal income.
Single Family
Built in 1935
2,402 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: James Pham • RE/MAX Partners
Mls Name: MLS PIN
Mls ID: #73473168