1 Cottage ParkOak BluffsMA02557
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1 Cottage Park, Oak Bluffs, MA, 02557 in Oak Bluffs is priced for appreciation, not yield. Rental yield 3.16%. At $925,000 with a 3.16% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $255,560 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.59) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $123,290.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 5.1% |
| Monthly Cash Flow | $(3,553) | $950 |
City averages based on Oak Bluffs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,434 |
| Total Monthly Debt Service | $5,619 |
| DSCR Ratio | 0.43x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1870
N/A lot
$N/A/sqft
$1,882 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02557, Oak Bluffs, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 235 (31.7%) |
| Renter Occupied HU | 87 (11.7%) |
| Vacant Housing Units | 419 (56.5%) |
| Median Home Value | $1,068,750 |
| Average Home Value | $1,091,638 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
234
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
Single Family
Built in 1870
N/A lot
$N/A/sqft
$1,882 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02557, Oak Bluffs, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 235 (31.7%) |
| Renter Occupied HU | 87 (11.7%) |
| Vacant Housing Units | 419 (56.5%) |
| Median Home Value | $1,068,750 |
| Average Home Value | $1,091,638 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diana M Gilmore • Island Real Estate
Mls Name: Martha's Vineyard MLS
Mls ID: #32500049
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.