104 Edgewater Drive WEast FalmouthMA02536
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 104 Edgewater Drive W, East Falmouth, MA, 02536 in East Falmouth at $499,999 earns $3,270/mo in rent and nets $119/mo after the $2,248/mo payment, a 7.85% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $138,141 over five years. Ziffy Mortgage underwrites this on a 1.45 DSCR without U.S. credit history. With $4,605/yr in principal paydown, total projected return reaches $197,487.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 7.2% |
| Monthly Cash Flow | $119 | $850 |
City averages based on East Falmouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,270 |
| Total Monthly Debt Service | $2,952 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02536, East Falmouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,923 (100%) |
| Owner Occupied HU | 7,193 (55.7%) |
| Renter Occupied HU | 1,551 (12.0%) |
| Vacant Housing Units | 4,179 (32.3%) |
| Median Home Value | $703,795 |
| Average Home Value | $801,507 |
Housing Distribution
Address Breakdown
Residential
11,643
Single Family
11,560
Multi-Family
83
Businesses
410
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 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02536, East Falmouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,923 (100%) |
| Owner Occupied HU | 7,193 (55.7%) |
| Renter Occupied HU | 1,551 (12.0%) |
| Vacant Housing Units | 4,179 (32.3%) |
| Median Home Value | $703,795 |
| Average Home Value | $801,507 |
Housing Distribution
Address Breakdown
Residential
11,643
Single Family
11,560
Multi-Family
83
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CCIMLS
Mls ID: #22601072