1161 Drift RdWestportMA02790
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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 Westport at 1161 Drift Rd, Westport, MA, 02790 priced at $1,775,000 converts $5,860/mo rent into after a $8,688/mo obligation. Total monthly income equals $5,860/mo. Return on cash invested prints 9.25% in year one, and rental yield reads 3.96% against a $1,775,000 entry. Equity gained on principal adds $11,454/yr, while 5% annual appreciation compiles into $490,400 by year five. Five-year ROI reaches 45.75% and total cumulative return in cash sums $263,134. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,860/mo property income covering a $8,688/mo payment, not borrower’s personal income.
Single Family
Built in 2019
2.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02790, Westport, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,021 (100%) |
| Owner Occupied HU | 5,832 (72.7%) |
| Renter Occupied HU | 1,211 (15.1%) |
| Vacant Housing Units | 978 (12.2%) |
| Median Home Value | $612,765 |
| Average Home Value | $660,319 |
Housing Distribution
Address Breakdown
Residential
7,140
Single Family
6,971
Multi-Family
169
Businesses
619
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Listed by: Sarah Meehan • Milbury and Company
Mls Name: MLS PIN
Mls ID: #73345859
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