15 1st StreetBuzzards BayMA02532
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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 Buzzards Bay at 15 1st Street, Buzzards Bay, MA, 02532 priced at $230,000 pairs $1,581/mo rent with $131/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,581/mo, and annual cash flow comes to $1,573/yr on $76,245 invested. Return on cash invested is 21.97% in year one, and rental yield stands at 8.25% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 114.11% and total cumulative return in cash reaches $87,007. For financing, Ziffy Mortgage’s DSCR program evaluates $1,581/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1987
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02532, Buzzards Bay, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,233 (100%) |
| Owner Occupied HU | 4,416 (61.1%) |
| Renter Occupied HU | 1,364 (18.9%) |
| Vacant Housing Units | 1,453 (20.1%) |
| Median Home Value | $628,945 |
| Average Home Value | $708,381 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
5,812
Multi-Family
407
Businesses
479
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Listed by: Pam V Alden • EXIT Cape Realty
Mls Name: CCIMLS
Mls ID: #22505783