299 Union StWeymouthMA02190
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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 299 Union St, Weymouth, MA, 02190 priced at $422,000 converts $3,292/mo rent into $633/mo cash flow after a $2,065/mo obligation. Total monthly income equals $3,292/mo, and annual cash flow totals $7,592/yr on $139,893 invested. Return on cash invested prints 25.34% in year one, and rental yield reads 9.36% against a $422,000 entry. Equity gained on principal adds $2,723/yr, while 5% annual appreciation compiles into $116,591 by year five. Five-year ROI reaches 132.09% and total cumulative return in cash sums $184,787. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,292/mo property income covering a $2,065/mo payment, not borrower’s personal income.
Single Family
Built in 1922
0.53 Acres 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: Ashley Brennan • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73445576