110 Dillingham Avenue #215UFalmouthMA02540
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing110 Dillingham Avenue #215U, Falmouth, MA, 02540 in Falmouth is a stable, well-positioned rental at $580,000. Rental yield 6.81%. DSCR 1.26 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $160,243 in value and $5,342/yr in principal paydown builds equity, a total projected return of $101,105.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 5.2% |
| Monthly Cash Flow | $(1,960) | $800 |
City averages based on Falmouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,293 |
| Total Monthly Debt Service | $5,022 |
| DSCR Ratio | 0.66x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2005
N/A lot
$N/A/sqft
$1,597 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02540, Falmouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,418 (100%) |
| Owner Occupied HU | 2,939 (39.6%) |
| Renter Occupied HU | 1,688 (22.8%) |
| Vacant Housing Units | 2,791 (37.6%) |
| Median Home Value | $819,678 |
| Average Home Value | $899,520 |
Housing Distribution
Address Breakdown
Residential
6,063
Single Family
5,578
Multi-Family
485
Businesses
644
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
Condo
Built in 2005
N/A lot
$N/A/sqft
$1,597 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02540, Falmouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,418 (100%) |
| Owner Occupied HU | 2,939 (39.6%) |
| Renter Occupied HU | 1,688 (22.8%) |
| Vacant Housing Units | 2,791 (37.6%) |
| Median Home Value | $819,678 |
| Average Home Value | $899,520 |
Housing Distribution
Address Breakdown
Residential
6,063
Single Family
5,578
Multi-Family
485
Businesses
644
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Team Kinchla • William Raveis Real Estate & Home Services
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22502710
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.