124 Skiff Ave UNIT D-10TisburyMA02568
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 124 Skiff Ave UNIT D-10, Tisbury, MA, 02568 in Tisbury at $799,000 earns $5,044/mo in rent and nets $8/mo after the $3,593/mo payment, a 7.57% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $220,749 over five years. Ziffy Mortgage underwrites this on a 1.40 DSCR without U.S. credit history. With $7,359/yr in principal paydown, total projected return reaches $303,867.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.5% |
| Monthly Cash Flow | $8 | $650 |
City averages based on Tisbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,044 |
| Total Monthly Debt Service | $4,718 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02568, Vineyard Haven, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,165 (100%) |
| Owner Occupied HU | 4,045 (44.1%) |
| Renter Occupied HU | 1,660 (18.1%) |
| Vacant Housing Units | 3,460 (37.8%) |
| Median Home Value | $1,073,166 |
| Average Home Value | $1,175,226 |
Housing Distribution
Address Breakdown
Residential
1,955
Single Family
1,764
Multi-Family
191
Businesses
442
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 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02568, Vineyard Haven, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,165 (100%) |
| Owner Occupied HU | 4,045 (44.1%) |
| Renter Occupied HU | 1,660 (18.1%) |
| Vacant Housing Units | 3,460 (37.8%) |
| Median Home Value | $1,073,166 |
| Average Home Value | $1,175,226 |
Housing Distribution
Address Breakdown
Residential
1,955
Single Family
1,764
Multi-Family
191
Businesses
442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emma M Kennedy • Sandpiper Realty Inc
Mls Name: Martha's Vineyard MLS
Mls ID: #32500237