8 Westgate LnScituateMA02066
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Scituate at 8 Westgate Ln, Scituate, MA, 02066 offers $4,249/mo rent that, after a $7,342/mo payment. Total monthly income is $4,249/mo. Return on cash invested measures 7.52% in year one, and rental yield stands at 3.4% at a $1,500,000 entry. Equity gained on principal adds $9,679/yr while 5% annual appreciation compounds into $414,422 by year five. Five-year ROI records 36.45% and total cumulative return in cash reaches $177,131. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,249/mo property income versus a $7,342/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02066, Scituate, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,125 (100%) |
| Owner Occupied HU | 6,347 (78.1%) |
| Renter Occupied HU | 978 (12.0%) |
| Vacant Housing Units | 800 ( 9.8%) |
| Median Home Value | $857,105 |
| Average Home Value | $942,334 |
Housing Distribution
Address Breakdown
Residential
7,768
Single Family
7,500
Multi-Family
268
Businesses
504
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Listed by: Tiffanie Williams Needham • Escalate Real Estate
Mls Name: MLS PIN
Mls ID: #73425921