35 Grove StScituateMA02066
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 35 Grove St, Scituate, MA, 02066 priced at $489,000 pairs $4,682/mo rent with $1,600/mo cash flow after a $2,393/mo payment. Total monthly income equals $4,682/mo, and annual cash flow comes to $19,204/yr on $162,104 invested. Return on cash invested is 31.76% in year one, and rental yield stands at 11.49% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 166.53% and total cumulative return in cash reaches $269,950. For financing, Ziffy Mortgage’s DSCR program evaluates $4,682/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1860
0.31 Acres 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: Michelle Larnard • Michelle Larnard Real Estate Group LLC
Mls Name: MLS PIN
Mls ID: #73404436