106 Hersey StHinghamMA02043
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 106 Hersey St, Hingham, MA, 02043 in Hingham offers a clean, manageable entry. Rental yield 7.37%. DSCR 1.30 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $273,242 in additional property value over five years, with $8,291/yr in principal equity building ownership stake. Total projected cumulative return: $346,565.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.2% |
| Monthly Cash Flow | $(161) | $500 |
City averages based on Hingham market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $6,072 |
| Total Monthly Debt Service | $6,081 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1967
0.34 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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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
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Nearby investment properties with comparable prices
Listed by: The Bauman Group • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73425832
