267 Neck St UNIT B7WeymouthMA02191
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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 267 Neck St UNIT B7, Weymouth, MA, 02191 generates $2,302/mo in rent, after a $1,561/mo payment. Total monthly income is $2,302/mo. Return on cash invested sits at 17.66% in year one, and rental yield is 8.66% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 92.95% and total cumulative return in cash sums $98,293. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,302/mo property income rather than buyer’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$490 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02191, Weymouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,733 (100%) |
| Owner Occupied HU | 2,875 (77.0%) |
| Renter Occupied HU | 708 (19.0%) |
| Vacant Housing Units | 150 ( 4.0%) |
| Median Home Value | $638,103 |
| Average Home Value | $675,126 |
Housing Distribution
Address Breakdown
Residential
3,686
Single Family
3,011
Multi-Family
675
Businesses
163
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Listed by: Marissa Amin • Amo Realty - Boston City Properties
Mls Name: MLS PIN
Mls ID: #73353400
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