101 Rockland StHinghamMA02043
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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 Hingham at 101 Rockland St, Hingham, MA, 02043 priced at $999,000 converts $7,427/mo rent into $1,130/mo cash flow after a $4,890/mo obligation. Total monthly income equals $7,427/mo, and annual cash flow totals $13,561/yr on $328,671 invested. Return on cash invested prints 24.19% in year one, and rental yield reads 8.92% against a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation compiles into $276,005 by year five. Five-year ROI reaches 125.9% and total cumulative return in cash sums $413,810. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,427/mo property income covering a $4,890/mo payment, not borrower’s personal income.
Single Family
Built in 1960
2.82 Acres 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: Shannon King • Corcoran Property Advisors
Mls Name: MLS PIN
Mls ID: #73442676