685 Main St #3WeymouthMA02190
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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 Weymouth at 685 Main St #3, Weymouth, MA, 02190 uses $89,174 cash to close to unlock $6,938/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,317/mo payment keeps the spread at $578/mo. Purchase price stands at $269,000, and rental yield measures 10.14% with $2,274/mo rent. Return on cash invested shows 27.69% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 144.76% and total cumulative return in cash records $129,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02190, Weymouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,055 (100%) |
| Owner Occupied HU | 5,476 (60.5%) |
| Renter Occupied HU | 3,244 (35.8%) |
| Vacant Housing Units | 335 ( 3.7%) |
| Median Home Value | $632,732 |
| Average Home Value | $650,576 |
Housing Distribution
Address Breakdown
Residential
8,679
Single Family
5,183
Multi-Family
3,496
Businesses
485
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Listed by: Peter Graceffa • Cityview Real Estate
Mls Name: MLS PIN
Mls ID: #73438214