87 Elm St #215CohassetMA02025
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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 Cohasset at 87 Elm St #215, Cohasset, MA, 02025 generates $4,524/mo in rent, after a $9,520/mo payment. Total monthly income is $4,524/mo. Return on cash invested sits at 5.64% in year one, and rental yield is 2.79% on a $1,945,000 entry. Equity gained on principal adds $12,551/yr, while 5% annual appreciation builds toward $537,368 over five years. Five-year ROI reaches 26.38% and total cumulative return in cash sums $166,219. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,524/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02025, Cohasset, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,366 (100%) |
| Owner Occupied HU | 2,526 (75.0%) |
| Renter Occupied HU | 610 (18.1%) |
| Vacant Housing Units | 230 ( 6.8%) |
| Median Home Value | $1,281,746 |
| Average Home Value | $1,340,243 |
Housing Distribution
Address Breakdown
Residential
3,257
Single Family
3,142
Multi-Family
115
Businesses
410
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Listed by: Greta Gustafson • LandVest, Inc.
Mls Name: MLS PIN
Mls ID: #73415177