575 Broad St UNIT 313WeymouthMA02189
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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 Weymouth at 575 Broad St UNIT 313, Weymouth, MA, 02189 generates $2,838/mo in rent and, after a $1,512/mo payment, leaves $891/mo in cash flow. Total monthly income is $2,838/mo, and annual cash flow is $10,690/yr on $102,434 invested. Return on cash invested sits at 30.34% in year one, and rental yield is 11.02% on a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 158.95% and total cumulative return in cash sums $162,821. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,838/mo property income rather than buyer’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: The D'Entremont Group • Keller Williams Realty Signature Properties
Mls Name: MLS PIN
Mls ID: #73423118