11 Joe Lincoln RoadWest HarwichMA02671
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 West Harwich at 11 Joe Lincoln Road, West Harwich, MA, 02671 priced at $645,000 converts $4,722/mo rent into $657/mo cash flow after a $3,157/mo obligation. Total monthly income equals $4,722/mo, and annual cash flow totals $7,879/yr on $212,205 invested. Return on cash invested prints 23.77% in year one, and rental yield reads 8.79% against a $645,000 entry. Equity gained on principal adds $4,162/yr, while 5% annual appreciation compiles into $178,202 by year five. Five-year ROI reaches 123.68% and total cumulative return in cash sums $262,456. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,722/mo property income covering a $3,157/mo payment, not borrower’s personal income.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02671, West Harwich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,637 (100%) |
| Owner Occupied HU | 471 (28.8%) |
| Renter Occupied HU | 140 ( 8.6%) |
| Vacant Housing Units | 1,026 (62.7%) |
| Median Home Value | $1,022,727 |
| Average Home Value | $1,144,559 |
Housing Distribution
Address Breakdown
Residential
790
Single Family
633
Multi-Family
157
Businesses
65
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Nearby investment properties with comparable prices
Listed by: Dawn M Andalft-Newman • Property Cape Cod
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22501115
Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS, Inc. includes the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. This site was last updated 2022-04-05 08:58:10 PDT. All properties are subject to prior sale, changes, or withdrawal. Copyright 2022 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.