109 Misty Meadow Lane APT 2ChathamMA02633
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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
Rental property for sale in Chatham at 109 Misty Meadow Lane APT 2, Chatham, MA, 02633 generates $2,394/mo in rent, after a $1,953/mo payment. Total monthly income is $2,394/mo. Return on cash invested sits at 18.81% in year one, and rental yield is 7.2% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 97.14% and total cumulative return in cash sums $128,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,394/mo property income rather than buyer’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02633, Chatham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,440 (100%) |
| Owner Occupied HU | 1,938 (35.6%) |
| Renter Occupied HU | 468 ( 8.6%) |
| Vacant Housing Units | 3,034 (55.8%) |
| Median Home Value | $957,526 |
| Average Home Value | $1,225,215 |
Housing Distribution
Address Breakdown
Residential
3,218
Single Family
3,120
Multi-Family
98
Businesses
372
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Listed by: Guthrie Schofield Group • Berkshire Hathaway HomeServices Robert Paul Properties
Mls Name: CCIMLS
Mls ID: #22504974