62 Mariners Way UNIT 305PlymouthMA02360
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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 Plymouth at 62 Mariners Way UNIT 305, Plymouth, MA, 02360 listed at $499,900 pairs $3,173/mo rent with a $2,447/mo payment to leave $22/mo cash flow. Total monthly income runs $3,173/mo, and annual cash flow reaches $264/yr on $165,717 cash to close. Return on cash invested measures 20.07% in year one, and rental yield registers 7.62% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 103.83% and total cumulative return in cash totals $172,068. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,173/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2020
N/A 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
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Listed by: Cindi Ford • RE/MAX Platinum
Mls Name: MLS PIN
Mls ID: #73466887