2 Mitchell Ln UNIT BWeymouthMA02190
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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
Rental property for sale in Weymouth at 2 Mitchell Ln UNIT B, Weymouth, MA, 02190 offers $3,893/mo rent that, after a $3,304/mo payment. Total monthly income is $3,893/mo. Return on cash invested measures 18.11% in year one, and rental yield stands at 6.92% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 93.29% and total cumulative return in cash reaches $207,183. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,893/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02190, Weymouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,055 (100%) |
| Owner Occupied HU | 5,476 (60.5%) |
| Renter Occupied HU | 3,244 (35.8%) |
| Vacant Housing Units | 335 ( 3.7%) |
| Median Home Value | $632,732 |
| Average Home Value | $650,576 |
Housing Distribution
Address Breakdown
Residential
8,679
Single Family
5,183
Multi-Family
3,496
Businesses
485
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Listed by: Praveena Kanipakam • RE/MAX Executive Realty
Mls Name: MLS PIN
Mls ID: #73458506