16 Second Avenue #5AOstervilleMA02655
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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 Osterville at 16 Second Avenue #5A, Osterville, MA, 02655 at $624,900 posts ROI 11.35% with from $2,446/mo rent. Total monthly income equals $2,446/mo. Return on cash invested measures 11.35% and rental yield reads 4.7% at the current $624,900. Equity gained on principal adds $4,032/yr, and 5% annual appreciation supports $172,648 by year five. Five-year ROI prints 57.03% and total cumulative return in cash totals $117,257. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,446/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02655, Osterville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,258 (100%) |
| Owner Occupied HU | 1,474 (45.2%) |
| Renter Occupied HU | 219 ( 6.7%) |
| Vacant Housing Units | 1,565 (48.0%) |
| Median Home Value | $845,465 |
| Average Home Value | $1,044,813 |
Housing Distribution
Address Breakdown
Residential
2,597
Single Family
2,328
Multi-Family
269
Businesses
391
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Listed by: Shaelyn Hegarty • Frank A Sullivan Real Estate
Mls Name: CCIMLS
Mls ID: #22503943