16 Lorree LaneDennis PortMA02639
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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 Dennis Port at 16 Lorree Lane, Dennis Port, MA, 02639 with 5% annual appreciation on a $625,000 basis while $2,587/mo rent supports operations. 17% in year one. Equity gained on principal adds $4,033/yr, and five-year appreciation sums $172,676 alongside rental yield of 4.97%. Five-year ROI measures 61.45% and total cumulative return in cash totals $126,361. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,587/mo property income versus a $3,059/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02639, Dennis Port, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,254 (100%) |
| Owner Occupied HU | 1,037 (19.7%) |
| Renter Occupied HU | 737 (14.0%) |
| Vacant Housing Units | 3,480 (66.2%) |
| Median Home Value | $647,401 |
| Average Home Value | $691,150 |
Housing Distribution
Address Breakdown
Residential
1,734
Single Family
1,570
Multi-Family
164
Businesses
167
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Listed by: Jim & Regina Augat • Kinlin Grover Compass
Mls Name: CCIMLS
Mls ID: #22503754