1518 Drift RdWestportMA02790
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
Investment Highlights
Investment property for sale in Westport at 1518 Drift Rd, Westport, MA, 02790 earns from $2,978/mo rent with a $6,118/mo payment. Total monthly income totals $2,978/mo. ROI tracks 5.85% on current figures, and rental yield reads 2.86% at a $1,250,000 purchase. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 over five years. Five-year ROI reaches 27.51% and total cumulative return in cash sums $111,397. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,978/mo property income instead of your personal income.
Single Family
Built in 1930
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02790, Westport, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,021 (100%) |
| Owner Occupied HU | 5,832 (72.7%) |
| Renter Occupied HU | 1,211 (15.1%) |
| Vacant Housing Units | 978 (12.2%) |
| Median Home Value | $612,765 |
| Average Home Value | $660,319 |
Housing Distribution
Address Breakdown
Residential
7,140
Single Family
6,971
Multi-Family
169
Businesses
619
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Santos • Residential Properties Ltd.
Mls Name: StateWide MLS RI
Mls ID: #1387577