10 Backriver Rd UNIT 10HinghamMA02043
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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
Total monthly income runs $3,746/mo, and a $7,709/mo payment. Purchase price stands at $1,575,000, and rental yield measures 2.85% with $3,746/mo rent. Return on cash invested shows 5.83% in year one, and 5% annual appreciation builds toward $435,143 over five years. Five-year ROI reaches 27.42% and total cumulative return in cash records $139,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,746/mo property income covering a $7,709/mo payment rather than investor’s personal income.
Townhouse
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02043, Hingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,276 (100%) |
| Owner Occupied HU | 7,412 (72.1%) |
| Renter Occupied HU | 2,102 (20.5%) |
| Vacant Housing Units | 762 ( 7.4%) |
| Median Home Value | $1,169,044 |
| Average Home Value | $1,240,940 |
Housing Distribution
Address Breakdown
Residential
9,851
Single Family
7,644
Multi-Family
2,207
Businesses
1,116
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Listed by: The Gail Bell Group • Compass
Mls Name: MLS PIN
Mls ID: #73425764