167 Grove 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 167 Grove St, Kingston, MA, 02364 offers $4,511/mo rent that, after a $3,426/mo payment, leaves $99/mo cash flow. Total monthly income is $4,511/mo, and annual cash flow is $1,192/yr on $230,267 cash. Return on cash invested measures 20.58% in year one, and rental yield stands at 7.73% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Five-year ROI records 106.55% and total cumulative return in cash reaches $245,348. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,511/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.96 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Burt • The Firm
Mls Name: MLS PIN
Mls ID: #73467863