38 Cedar LnKingstonMA02364
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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 Kingston at 38 Cedar Ln, Kingston, MA, 02364 offers a 7.72% rental yield on a $649,000 purchase with $4,177/mo rent. Total monthly income registers $4,177/mo, and a $3,177/mo payment leaves $86/mo available for distribution. Annual cash flow reaches $1,032/yr on $213,521 to close, and return on cash invested stands at 20.54% in year one. Equity gained on principal adds $4,188/yr while 5% annual appreciation supports $179,307 over five years. Portfolio math shows five-year ROI at 106.35% and total cumulative return in cash at $227,088. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,177/mo property income against a $3,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02364, Kingston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,809 (100%) |
| Owner Occupied HU | 4,414 (76.0%) |
| Renter Occupied HU | 1,083 (18.6%) |
| Vacant Housing Units | 312 ( 5.4%) |
| Median Home Value | $677,441 |
| Average Home Value | $725,929 |
Housing Distribution
Address Breakdown
Residential
5,478
Single Family
4,994
Multi-Family
484
Businesses
486
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Listed by: Paul Whaley/Charlie Ring Team • Coldwell Banker Realty - Boston
Mls Name: MLS PIN
Mls ID: #73453900