129 Hamlin AvenueFalmouthMA02540
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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 Falmouth at 129 Hamlin Avenue, Falmouth, MA, 02540 priced at $789,900 converts $3,080/mo rent into after a $3,866/mo obligation. Total monthly income equals $3,080/mo. Return on cash invested prints 11.29% in year one, and rental yield reads 4.68% against a $789,900 entry. Equity gained on principal adds $5,097/yr, while 5% annual appreciation compiles into $218,235 by year five. Five-year ROI reaches 56.76% and total cumulative return in cash sums $147,509. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,080/mo property income covering a $3,866/mo payment, not borrower’s personal income.
Single Family
Built in 1952
7,840 sqft lot
$N/A/sqft
No 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
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Listed by: Ryan Benoit • Kinlin Grover Compass
Mls Name: CCIMLS
Mls ID: #22505851