77 Bailey 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 77 Bailey St, Dorchester, MA, 02124 priced at $1,600,000 pairs $5,080/mo rent with after a $7,831/mo payment. Total monthly income equals $5,080/mo. Return on cash invested is 8.79% in year one, and rental yield stands at 3.81% on a $1,600,000 basis. Equity gained on principal adds $10,325/yr, and 5% annual appreciation accumulates to $442,051 by year five. Five-year ROI measures 43.25% and total cumulative return in cash reaches $224,187. For financing, Ziffy Mortgage’s DSCR program evaluates $5,080/mo property income against a $7,831/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1890
9,225 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: Lindsey & Associates Realty Team • Keller Williams Realty Boston-Metro | Back Bay
Mls Name: MLS PIN
Mls ID: #73419083