10 Duende LnEdgartownMA02539
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 Edgartown at 10 Duende Ln, Edgartown, MA, 02539 priced at $1,950,000 pairs $7,108/mo rent with after a $9,544/mo payment. Total monthly income equals $7,108/mo. Return on cash invested is 10.53% in year one, and rental yield stands at 4.37% on a $1,950,000 basis. Equity gained on principal adds $12,583/yr, and 5% annual appreciation accumulates to $538,749 by year five. Five-year ROI measures 52.58% and total cumulative return in cash reaches $332,225. For financing, Ziffy Mortgage’s DSCR program evaluates $7,108/mo property income against a $9,544/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02539, Edgartown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,831 (100%) |
| Owner Occupied HU | 1,719 (29.5%) |
| Renter Occupied HU | 735 (12.6%) |
| Vacant Housing Units | 3,377 (57.9%) |
| Median Home Value | $1,267,586 |
| Average Home Value | $1,358,630 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,295
Multi-Family
0
Businesses
346
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Listed by: Idalyn Macchia Gilstad • Wallace & Co. Sotheby's International Realty
Mls Name: Martha's Vineyard MLS
Mls ID: #32500314