696 Summer StRocklandMA02370
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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 Rockland at 696 Summer St, Rockland, MA, 02370 earns $402/mo cash flow from $3,805/mo rent with a $2,643/mo payment. Total monthly income totals $3,805/mo, and annual cash flow totals $4,818/yr on $177,660 capital. ROI tracks 22.77% on current figures, and rental yield reads 8.46% at a $540,000 purchase. Equity gained on principal adds $3,485/yr, and 5% annual appreciation supports $149,192 over five years. Five-year ROI reaches 118.32% and total cumulative return in cash sums $210,206. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,805/mo property income instead of your personal income.
Single Family
Built in 1760
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02370, Rockland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 5,242 (71.4%) |
| Renter Occupied HU | 1,853 (25.3%) |
| Vacant Housing Units | 243 ( 3.3%) |
| Median Home Value | $562,590 |
| Average Home Value | $626,963 |
Housing Distribution
Address Breakdown
Residential
7,162
Single Family
6,596
Multi-Family
566
Businesses
629
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Listed by: Christine Rosa • Coldwell Banker Realty - Hingham
Mls Name: MLS PIN
Mls ID: #73467713