1 Redwing Place #1 & 3Dennis PtMA02639
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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
Investment property for sale in Dennis Pt at 1 Redwing Place #1 & 3, Dennis Pt, MA, 02639 offers a 6.13% rental yield on a $687,500 purchase with $3,510/mo rent. 69% in year one. Equity gained on principal adds $4,436/yr while 5% annual appreciation supports $189,944 over five years. Portfolio math shows five-year ROI at 80.35% and total cumulative return in cash at $181,743. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,510/mo property income against a $3,365/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1968
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02639, Dennis Port, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,254 (100%) |
| Owner Occupied HU | 1,037 (19.7%) |
| Renter Occupied HU | 737 (14.0%) |
| Vacant Housing Units | 3,480 (66.2%) |
| Median Home Value | $647,401 |
| Average Home Value | $691,150 |
Housing Distribution
Address Breakdown
Residential
1,734
Single Family
1,570
Multi-Family
164
Businesses
167
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Listed by: Lisa D Steele • Steele Associates R E
Mls Name: CCIMLS
Mls ID: #22504781