10 Hoyer Lane #AEasthamMA02642
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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 Eastham at 10 Hoyer Lane #A, Eastham, MA, 02642 offers a 8.51% rental yield on a $399,000 purchase with $2,828/mo rent. Total monthly income registers $2,828/mo, and a $1,953/mo payment leaves $313/mo available for distribution. Annual cash flow reaches $3,757/yr on $132,269 to close, and return on cash invested stands at 22.75% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 118.24% and total cumulative return in cash at $156,398. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,828/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02642, Eastham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 2,397 (38.4%) |
| Renter Occupied HU | 403 ( 6.5%) |
| Vacant Housing Units | 3,438 (55.1%) |
| Median Home Value | $808,149 |
| Average Home Value | $845,275 |
Housing Distribution
Address Breakdown
Residential
2,788
Single Family
2,788
Multi-Family
0
Businesses
156
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Listed by: Bob Sheldon • RE/MAX Real Estate Center
Mls Name: CCIMLS
Mls ID: #22504184