15 Old County RoadNorth FalmouthMA02556
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.29% gross rental yield, 15 Old County Road, North Falmouth, MA, 02556 in North Falmouth is priced for capital growth, not immediate cash flow. The $1,265,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $349,496 by year five, with $11,651/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.80) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $258,625.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 5.2% |
| Monthly Cash Flow | $(3,445) | $700 |
City averages based on North Falmouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,528 |
| Total Monthly Debt Service | $7,470 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02556, North Falmouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,786 (100%) |
| Owner Occupied HU | 1,335 (47.9%) |
| Renter Occupied HU | 197 ( 7.1%) |
| Vacant Housing Units | 1,254 (45.0%) |
| Median Home Value | $767,233 |
| Average Home Value | $821,919 |
Housing Distribution
Address Breakdown
Residential
1,505
Single Family
1,505
Multi-Family
0
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1998
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02556, North Falmouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,786 (100%) |
| Owner Occupied HU | 1,335 (47.9%) |
| Renter Occupied HU | 197 ( 7.1%) |
| Vacant Housing Units | 1,254 (45.0%) |
| Median Home Value | $767,233 |
| Average Home Value | $821,919 |
Housing Distribution
Address Breakdown
Residential
1,505
Single Family
1,505
Multi-Family
0
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kara Foley • Lamacchia Realty, Inc.
Mls Name: CCIMLS
Mls ID: #22504518