62 Oceanside Dr #62, Hull, MA, 02045 | 4.49% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hull at 62 Oceanside Dr #62, Hull, MA, 02045 generates $3,925/mo in rent, after a $5,139/mo payment. Total monthly income is $3,925/mo. Return on cash invested sits at 10.87% in year one, and rental yield is 4.49% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 54.44% and total cumulative return in cash sums $185,213. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,925/mo property income rather than buyer’s personal income.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA