9 Cushing Park RdScituateMA02066
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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 Scituate at 9 Cushing Park Rd, Scituate, MA, 02066 generates $3,998/mo in rent, after a $5,873/mo payment. Total monthly income is $3,998/mo. Return on cash invested sits at 9.37% in year one, and rental yield is 4% on a $1,199,999 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 46.36% and total cumulative return in cash sums $180,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,998/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
1.84 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: Dawn Lynch • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73435524