7 Ritter RdHinghamMA02043
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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 Hingham at 7 Ritter Rd, Hingham, MA, 02043 with 5% annual appreciation on a $1,250,000 basis while $6,089/mo rent supports operations. 07% in year one. Equity gained on principal adds $8,066/yr, and five-year appreciation sums $345,352 alongside rental yield of 5.85%. Five-year ROI measures 76.94% and total cumulative return in cash totals $311,593. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,089/mo property income versus a $6,118/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02043, Hingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,276 (100%) |
| Owner Occupied HU | 7,412 (72.1%) |
| Renter Occupied HU | 2,102 (20.5%) |
| Vacant Housing Units | 762 ( 7.4%) |
| Median Home Value | $1,169,044 |
| Average Home Value | $1,240,940 |
Housing Distribution
Address Breakdown
Residential
9,851
Single Family
7,644
Multi-Family
2,207
Businesses
1,116
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Listed by: Shannon Toland • Keller Williams Realty Signature Properties
Mls Name: MLS PIN
Mls ID: #73418093