269 Lake St UNIT 5WeymouthMA02189
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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 269 Lake St UNIT 5, Weymouth, MA, 02189 listed at $330,000 pairs $2,734/mo rent with a $1,615/mo payment to leave $654/mo cash flow. Total monthly income runs $2,734/mo, and annual cash flow reaches $7,851/yr on $109,395 cash to close. Return on cash invested measures 27.09% in year one, and rental yield registers 9.94% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 141.5% and total cumulative return in cash totals $154,799. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,734/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
N/A 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: James Danielson • Fathom Realty MA
Mls Name: MLS PIN
Mls ID: #73384965