149 Summer StKingstonMA02364
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
Investment Highlights
Rental property for sale in Kingston at 149 Summer St, Kingston, MA, 02364 priced at $669,000 converts $5,260/mo rent into $1,044/mo cash flow after a $3,274/mo obligation. Total monthly income equals $5,260/mo, and annual cash flow totals $12,526/yr on $220,101 invested. Return on cash invested prints 25.75% in year one, and rental yield reads 9.43% against a $669,000 entry. Equity gained on principal adds $4,317/yr, while 5% annual appreciation compiles into $184,832 by year five. Five-year ROI reaches 134.29% and total cumulative return in cash sums $295,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,260/mo property income covering a $3,274/mo payment, not borrower’s personal income.
Single Family
Built in 1880
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02364, Kingston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,809 (100%) |
| Owner Occupied HU | 4,414 (76.0%) |
| Renter Occupied HU | 1,083 (18.6%) |
| Vacant Housing Units | 312 ( 5.4%) |
| Median Home Value | $677,441 |
| Average Home Value | $725,929 |
Housing Distribution
Address Breakdown
Residential
5,478
Single Family
4,994
Multi-Family
484
Businesses
486
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Listed by: Liz Bone Team • South Shore Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73466698