8 Lorraine StWeymouthMA02189
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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
Rental property for sale in Weymouth at 8 Lorraine St, Weymouth, MA, 02189 priced at $425,000 converts $3,364/mo rent into $685/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,364/mo, and annual cash flow totals $8,226/yr on $140,888 invested. Return on cash invested prints 25.75% in year one, and rental yield reads 9.5% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 134.31% and total cumulative return in cash sums $189,233. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,364/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1880
6,859 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02189, Weymouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,520 (100%) |
| Owner Occupied HU | 3,867 (59.3%) |
| Renter Occupied HU | 2,414 (37.0%) |
| Vacant Housing Units | 239 ( 3.7%) |
| Median Home Value | $581,801 |
| Average Home Value | $673,776 |
Housing Distribution
Address Breakdown
Residential
6,423
Single Family
4,768
Multi-Family
1,655
Businesses
547
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Listed by: Kristen Ruggiero • RE/MAX Platinum
Mls Name: MLS PIN
Mls ID: #73402614