1061 State Highway UNIT 1061EasthamMA02642
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
Investment property for sale in Eastham at 1061 State Highway UNIT 1061, Eastham, MA, 02642 earns $187/mo cash flow from $1,920/mo rent with a $1,346/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $2,241/yr on $91,163 capital. ROI tracks 22.37% on current figures, and rental yield reads 8.38% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 116.18% and total cumulative return in cash sums $105,911. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Condo
Built in 1944
N/A 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: Sherri Simms • Christie's International Real Estate Atlantic Brokerage
Mls Name: CCIMLS
Mls ID: #22600149