24 Noreast LnPlymouthMA02360
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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 Plymouth at 24 Noreast Ln, Plymouth, MA, 02360 priced at $749,999 converts $4,952/mo rent into $225/mo cash flow after a $3,671/mo obligation. Total monthly income equals $4,952/mo, and annual cash flow totals $2,697/yr on $246,750 invested. Return on cash invested prints 21.15% in year one, and rental yield reads 7.92% against a $749,999 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation compiles into $207,211 by year five. Five-year ROI reaches 109.63% and total cumulative return in cash sums $270,509. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,952/mo property income covering a $3,671/mo payment, not borrower’s personal income.
Single Family
Built in 2000
1.04 Acres 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
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Listed by: Joseph Galofaro • Ryan Realty Group LLC
Mls Name: MLS PIN
Mls ID: #73468121