12 Main St UNIT 5NantucketMA02554
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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
Total monthly income runs $2,632/mo, and a $9,765/mo payment. Purchase price stands at $1,995,000, and rental yield measures 1.58% with $2,632/mo rent. Return on cash invested shows 1.35% in year one, and 5% annual appreciation builds toward $551,182 over five years. Five-year ROI reaches 3.6% and total cumulative return in cash records $23,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,632/mo property income covering a $9,765/mo payment rather than investor’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02554, Nantucket, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,808 (100%) |
| Owner Occupied HU | 3,418 (26.7%) |
| Renter Occupied HU | 2,155 (16.8%) |
| Vacant Housing Units | 7,235 (56.5%) |
| Median Home Value | $1,340,198 |
| Average Home Value | $1,431,158 |
Housing Distribution
Address Breakdown
Residential
6,520
Single Family
6,463
Multi-Family
57
Businesses
763
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Listed by: Susan Shepherd • Shepherd Real Estate
Mls Name: LINK
Mls ID: #91991
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.