13 Garden LaneDennis PortMA02639
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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 Dennis Port at 13 Garden Lane, Dennis Port, MA, 02639 priced at $619,000 converts $2,838/mo rent into after a $3,030/mo obligation. Total monthly income equals $2,838/mo. Return on cash invested prints 13.79% in year one, and rental yield reads 5.5% against a $619,000 entry. Equity gained on principal adds $3,994/yr, while 5% annual appreciation compiles into $171,018 by year five. Five-year ROI reaches 70.17% and total cumulative return in cash sums $142,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,838/mo property income covering a $3,030/mo payment, not borrower’s personal income.
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02639, Dennis Port, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,254 (100%) |
| Owner Occupied HU | 1,037 (19.7%) |
| Renter Occupied HU | 737 (14.0%) |
| Vacant Housing Units | 3,480 (66.2%) |
| Median Home Value | $647,401 |
| Average Home Value | $691,150 |
Housing Distribution
Address Breakdown
Residential
1,734
Single Family
1,570
Multi-Family
164
Businesses
167
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Listed by: Ronald Nelson • Gibson Sotheby's International Realty
Mls Name: CCIMLS
Mls ID: #22504312