130 Wing RdOak BluffsMA02557
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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 Oak Bluffs at 130 Wing Rd, Oak Bluffs, MA, 02557 priced at $1,111,111 converts $1,844/mo rent into after a $5,438/mo obligation. Total monthly income equals $1,844/mo. Return on cash invested prints 3.17% in year one, and rental yield reads 1.99% against a $1,111,111 entry. Equity gained on principal adds $7,170/yr, while 5% annual appreciation compiles into $306,979 by year five. Five-year ROI reaches 13.16% and total cumulative return in cash sums $47,380. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,844/mo property income covering a $5,438/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02557, Oak Bluffs, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 235 (31.7%) |
| Renter Occupied HU | 87 (11.7%) |
| Vacant Housing Units | 419 (56.5%) |
| Median Home Value | $1,068,750 |
| Average Home Value | $1,091,638 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
234
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Listed by: Lynn M Buder • Sandpiper Realty Inc
Mls Name: Martha's Vineyard MLS
Mls ID: #32500053
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.