71 W Selden St APT 3MattapanMA02126
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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 Mattapan at 71 W Selden St APT 3, Mattapan, MA, 02126 with 5% annual appreciation on a $329,999 basis while $2,274/mo rent supports operations. Total monthly income totals $2,274/mo and a $1,615/mo payment preserves $194/mo for cash returns. Annual cash flow comes to $2,331/yr on $109,395 deployed, and return on cash invested reaches 22.04% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 8.27%. Five-year ROI measures 114.44% and total cumulative return in cash totals $125,194.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,274/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1980
N/A 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: La Toya Douglas • Coldwell Banker Realty - Marblehead
Mls Name: MLS PIN
Mls ID: #73421162