16 Conwell 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 16 Conwell Street Unit 3, Provincetown, MA, 02657 with 5% annual appreciation on a $789,000 basis while $2,542/mo rent supports operations. 82% in year one. Equity gained on principal adds $5,091/yr, and five-year appreciation sums $217,986 alongside rental yield of 3.87%. Five-year ROI measures 43.5% and total cumulative return in cash totals $112,906. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,542/mo property income versus a $3,862/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2006
5,662 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: Courtney Trautman • Gibson Sotheby's International Realty
Mls Name: CCIMLS
Mls ID: #22600184