11 Fox Ridge DriveOrleansMA02653
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 Orleans at 11 Fox Ridge Drive, Orleans, MA, 02653 priced at $1,490,000 pairs $4,064/mo rent with after a $7,293/mo payment. Total monthly income equals $4,064/mo. Return on cash invested is 7.13% in year one, and rental yield stands at 3.27% on a $1,490,000 basis. Equity gained on principal adds $9,615/yr, and 5% annual appreciation accumulates to $411,660 by year five. Five-year ROI measures 34.36% and total cumulative return in cash reaches $165,856. For financing, Ziffy Mortgage’s DSCR program evaluates $4,064/mo property income against a $7,293/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02653, Orleans, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,658 (100%) |
| Owner Occupied HU | 2,448 (43.3%) |
| Renter Occupied HU | 682 (12.1%) |
| Vacant Housing Units | 2,528 (44.7%) |
| Median Home Value | $973,958 |
| Average Home Value | $1,145,364 |
Housing Distribution
Address Breakdown
Residential
2,934
Single Family
2,560
Multi-Family
374
Businesses
585
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Nearby investment properties with comparable prices
Listed by: Jon Clark • Nauset Management
Mls Name: CCIMLS
Mls ID: #22505090