15 Montello Street Unit 3ProvincetownMA02657
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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 15 Montello Street Unit 3, Provincetown, MA, 02657 earns from $2,720/mo rent with a $3,960/mo payment. Total monthly income totals $2,720/mo. ROI tracks 9.33% on current figures, and rental yield reads 4.03% at a $809,000 purchase. Equity gained on principal adds $5,220/yr, and 5% annual appreciation supports $223,512 over five years. Five-year ROI reaches 46.24% and total cumulative return in cash sums $123,085. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,720/mo property income instead of your personal income.
Condo
Built in 1850
3,920 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: Gabby A Hanna • Gibson Sotheby's International Realty
Mls Name: CCIMLS
Mls ID: #22504905