58 Norma AveWeymouthMA02188
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Weymouth rental at 58 Norma Ave, Weymouth, MA, 02188 sits in the solid-income band: 8% gross yield, $3,732/mo rent, $203/mo net after the $2,518/mo debt service, DSCR 1.48. Entry price of $559,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $154,690 and $5,157/yr in principal reduction bring total cumulative return to $225,665.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 4.8% |
| Monthly Cash Flow | $203 | $1,850 |
City averages based on Weymouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,732 |
| Total Monthly Debt Service | $3,306 |
| DSCR Ratio | 1.13x |
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.
Single Family
Built in 1952
8,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02188, Weymouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,367 (100%) |
| Owner Occupied HU | 3,833 (52.0%) |
| Renter Occupied HU | 3,193 (43.3%) |
| Vacant Housing Units | 341 ( 4.6%) |
| Median Home Value | $580,415 |
| Average Home Value | $600,982 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
4,380
Multi-Family
2,508
Businesses
429
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
Single Family
Built in 1952
8,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02188, Weymouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,367 (100%) |
| Owner Occupied HU | 3,833 (52.0%) |
| Renter Occupied HU | 3,193 (43.3%) |
| Vacant Housing Units | 341 ( 4.6%) |
| Median Home Value | $580,415 |
| Average Home Value | $600,982 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
4,380
Multi-Family
2,508
Businesses
429
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73492628