35 Spooner StPlymouthMA02360
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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 Plymouth at 35 Spooner St, Plymouth, MA, 02360 offers $2,934/mo rent that, after a $2,203/mo payment, leaves $97/mo cash flow. Total monthly income is $2,934/mo, and annual cash flow is $1,167/yr on $149,175 cash. Return on cash invested measures 20.69% in year one, and rental yield stands at 7.82% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 107.21% and total cumulative return in cash reaches $159,930. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,934/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02360, Plymouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,565 (100%) |
| Owner Occupied HU | 20,529 (67.2%) |
| Renter Occupied HU | 6,544 (21.4%) |
| Vacant Housing Units | 3,492 (11.4%) |
| Median Home Value | $627,521 |
| Average Home Value | $666,471 |
Housing Distribution
Address Breakdown
Residential
27,775
Single Family
23,583
Multi-Family
4,192
Businesses
1,914
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Listed by: Beth Tassinari • Century 21 Tassinari & Assoc.
Mls Name: MLS PIN
Mls ID: #73403917