61 Palmer RdPlymouthMA02360
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
Investment Highlights
Investment property for sale in Plymouth at 61 Palmer Rd, Plymouth, MA, 02360 offers a 8.17% rental yield on a $529,900 purchase with $3,607/mo rent. Total monthly income registers $3,607/mo, and a $2,594/mo payment leaves $267/mo available for distribution. Annual cash flow reaches $3,201/yr on $174,337 to close, and return on cash invested stands at 21.9% in year one. Equity gained on principal adds $3,419/yr while 5% annual appreciation supports $146,402 over five years. Portfolio math shows five-year ROI at 113.61% and total cumulative return in cash at $198,071. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,607/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02360, Plymouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,565 (100%) |
| Owner Occupied HU | 20,529 (67.2%) |
| Renter Occupied HU | 6,544 (21.4%) |
| Vacant Housing Units | 3,492 (11.4%) |
| Median Home Value | $627,521 |
| Average Home Value | $666,471 |
Housing Distribution
Address Breakdown
Residential
27,775
Single Family
23,583
Multi-Family
4,192
Businesses
1,914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bob DeVito • Cameron Real Estate Group
Mls Name: MLS PIN
Mls ID: #73423237