17 Grove StWeymouthMA02189
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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
Investment property for sale in Weymouth at 17 Grove St, Weymouth, MA, 02189 offers a 8.64% rental yield on a $499,000 purchase with $3,592/mo rent. Total monthly income registers $3,592/mo, and a $2,442/mo payment leaves $447/mo available for distribution. Annual cash flow reaches $5,367/yr on $165,419 to close, and return on cash invested stands at 23.15% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 120.41% and total cumulative return in cash at $199,182. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,592/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1868
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02189, Weymouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,520 (100%) |
| Owner Occupied HU | 3,867 (59.3%) |
| Renter Occupied HU | 2,414 (37.0%) |
| Vacant Housing Units | 239 ( 3.7%) |
| Median Home Value | $581,801 |
| Average Home Value | $673,776 |
Housing Distribution
Address Breakdown
Residential
6,423
Single Family
4,768
Multi-Family
1,655
Businesses
547
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Listed by: Dominique Yammine • News Realty LLC
Mls Name: MLS PIN
Mls ID: #73451523