46 Union St #8South WeymouthMA02190
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 46 Union St #8, South Weymouth, MA, 02190 in South Weymouth. Priced at $439,900, it generates $3,820/mo in gross rent and $1,047/mo in net monthly cash flow, a 10.42% yield that comfortably supports the 1.93 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $12,564. Five-year appreciation: $121,536. Equity from principal paydown: $4,052/yr. Total projected cumulative return: $234,452.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.6% |
| Monthly Cash Flow | $1,047 | $450 |
City averages based on South Weymouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,820 |
| Total Monthly Debt Service | $2,598 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2023
N/A 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
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
Condo
Built in 2023
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dena Jane Morgan • Coldwell Banker Realty - Norwell - Hanover Regional Office
Mls Name: MLS PIN
Mls ID: #73402564