16 Milestone Rd #ANantucketMA02554
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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 Nantucket at 16 Milestone Rd #A, Nantucket, MA, 02554 with 5% annual appreciation on a $1,995,000 basis while $4,939/mo rent supports operations. 02% in year one. Equity gained on principal adds $12,873/yr, and five-year appreciation sums $551,182 alongside rental yield of 2.97%. Five-year ROI measures 23.48% and total cumulative return in cash totals $151,761. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,939/mo property income versus a $9,765/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1960
N/A lot
$N/A/sqft
$7,600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02554, Nantucket, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,808 (100%) |
| Owner Occupied HU | 3,418 (26.7%) |
| Renter Occupied HU | 2,155 (16.8%) |
| Vacant Housing Units | 7,235 (56.5%) |
| Median Home Value | $1,340,198 |
| Average Home Value | $1,431,158 |
Housing Distribution
Address Breakdown
Residential
6,520
Single Family
6,463
Multi-Family
57
Businesses
763
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Listed by: Donna Barnett & Sheila Carroll • Maury People Sotheby's International Realty
Mls Name: LINK
Mls ID: #92176
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.