5 Beals Cove Rd APT EHinghamMA02043
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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 Hingham at 5 Beals Cove Rd APT E, Hingham, MA, 02043 priced at $378,500 pairs $3,695/mo rent with $1,309/mo cash flow after a $1,853/mo payment. Total monthly income equals $3,695/mo, and annual cash flow comes to $15,707/yr on $125,473 invested. Return on cash invested is 32.43% in year one, and rental yield stands at 11.71% on a $378,500 basis. Equity gained on principal adds $2,442/yr, and 5% annual appreciation accumulates to $104,573 by year five. Five-year ROI measures 170.11% and total cumulative return in cash reaches $213,442. For financing, Ziffy Mortgage’s DSCR program evaluates $3,695/mo property income against a $1,853/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02043, Hingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,276 (100%) |
| Owner Occupied HU | 7,412 (72.1%) |
| Renter Occupied HU | 2,102 (20.5%) |
| Vacant Housing Units | 762 ( 7.4%) |
| Median Home Value | $1,169,044 |
| Average Home Value | $1,240,940 |
Housing Distribution
Address Breakdown
Residential
9,851
Single Family
7,644
Multi-Family
2,207
Businesses
1,116
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Listed by: N/A • N/A
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Mls ID: #N/A