132 Shore Road #7North TruroMA02652
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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
Investment property for sale in North Truro at 132 Shore Road #7, North Truro, MA, 02652 uses $79,560 cash to close to unlock $5,964/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $2,010/mo, and a $1,175/mo payment keeps the spread at $497/mo. Purchase price stands at $240,000, and rental yield measures 10.05% with $2,010/mo rent. Return on cash invested shows 27.41% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 143.19% and total cumulative return in cash records $113,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,010/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02652, North Truro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 56 (100%) |
| Owner Occupied HU | 15 (26.8%) |
| Renter Occupied HU | 3 ( 5.4%) |
| Vacant Housing Units | 38 (67.9%) |
| Median Home Value | $1,125,000 |
| Average Home Value | $1,075,000 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
1
Multi-Family
0
Businesses
68
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Listed by: Sherri Simms • Christie's International Real Estate Atlantic Brokerage
Mls Name: CCIMLS
Mls ID: #22600154