575 Broad St UNIT 305WeymouthMA02189
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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 Weymouth at 575 Broad St UNIT 305, Weymouth, MA, 02189 uses $107,704 cash to close to unlock $10,397/yr annual cash flow and $866/mo monthly cash flow. Total monthly income runs $2,914/mo, and a $1,590/mo payment keeps the spread at $866/mo. Purchase price stands at $324,900, and rental yield measures 10.76% with $2,914/mo rent. Return on cash invested shows 29.56% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 154.78% and total cumulative return in cash records $166,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,914/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02189, Weymouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,520 (100%) |
| Owner Occupied HU | 3,867 (59.3%) |
| Renter Occupied HU | 2,414 (37.0%) |
| Vacant Housing Units | 239 ( 3.7%) |
| Median Home Value | $581,801 |
| Average Home Value | $673,776 |
Housing Distribution
Address Breakdown
Residential
6,423
Single Family
4,768
Multi-Family
1,655
Businesses
547
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Listed by: Depend on Dakota Team • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73437281