2 Mariners Way UNIT 301PlymouthMA02360
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
Investment property for sale in Plymouth at 2 Mariners Way UNIT 301, Plymouth, MA, 02360 earns $249/mo cash flow from $4,188/mo rent with a $3,059/mo payment. Total monthly income totals $4,188/mo, and annual cash flow totals $2,985/yr on $205,625 capital. ROI tracks 21.51% on current figures, and rental yield reads 8.04% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 111.55% and total cumulative return in cash sums $229,381. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,188/mo property income instead of your personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02360, Plymouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,565 (100%) |
| Owner Occupied HU | 20,529 (67.2%) |
| Renter Occupied HU | 6,544 (21.4%) |
| Vacant Housing Units | 3,492 (11.4%) |
| Median Home Value | $627,521 |
| Average Home Value | $666,471 |
Housing Distribution
Address Breakdown
Residential
27,775
Single Family
23,583
Multi-Family
4,192
Businesses
1,914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dennis MacDonald • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73426332