147 Commercial St APT L7ProvincetownMA02657
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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 Provincetown at 147 Commercial St APT L7, Provincetown, MA, 02657 listed at $699,000 pairs $2,318/mo rent with a $3,421/mo payment. Total monthly income runs $2,318/mo. Return on cash invested measures 9.17% in year one, and rental yield registers 3.98% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 45.36% and total cumulative return in cash totals $104,318. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,318/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1910
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02657, Provincetown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,145 (100%) |
| Owner Occupied HU | 1,405 (27.3%) |
| Renter Occupied HU | 808 (15.7%) |
| Vacant Housing Units | 2,932 (57.0%) |
| Median Home Value | $1,091,004 |
| Average Home Value | $1,277,322 |
Housing Distribution
Address Breakdown
Residential
3,105
Single Family
2,976
Multi-Family
129
Businesses
500
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Listed by: Brett Holmes • Berkshire Hathaway HomeServices Robert Paul Properties
Mls Name: MLS PIN
Mls ID: #73471013