9 Beale St APT 2DorchesterMA02124
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 9 Beale St APT 2, Dorchester, MA, 02124 in Dorchester is a conservative rental investment at $449,999. Rental yield 7.59%. A 1.41 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $124,326; $4,145/yr in principal paydown supplements. Total projected return: $171,684.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.8% |
| Monthly Cash Flow | $(178) | $450 |
City averages based on Dorchester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,848 |
| Total Monthly Debt Service | $2,657 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1899
569 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1899
569 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73482153