32 Barker Rd UNIT 3ScituateMA02066
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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 Scituate at 32 Barker Rd UNIT 3, Scituate, MA, 02066 generates $2,995/mo in rent, after a $2,668/mo payment. Total monthly income is $2,995/mo. Return on cash invested sits at 17.11% in year one, and rental yield is 6.59% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 87.97% and total cumulative return in cash sums $157,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,995/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02066, Scituate, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,125 (100%) |
| Owner Occupied HU | 6,347 (78.1%) |
| Renter Occupied HU | 978 (12.0%) |
| Vacant Housing Units | 800 ( 9.8%) |
| Median Home Value | $857,105 |
| Average Home Value | $942,334 |
Housing Distribution
Address Breakdown
Residential
7,768
Single Family
7,500
Multi-Family
268
Businesses
504
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Listed by: Eileen Hamel • Conway - Scituate
Mls Name: MLS PIN
Mls ID: #73458135