17 Hamlet StFairhavenMA02719
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
Rental property for sale in Fairhaven at 17 Hamlet St, Fairhaven, MA, 02719 priced at $525,000 pairs $3,434/mo rent with $125/mo cash flow after a $2,570/mo payment. Total monthly income equals $3,434/mo, and annual cash flow comes to $1,495/yr on $172,725 invested. Return on cash invested is 20.93% in year one, and rental yield stands at 7.85% on a $525,000 basis. Equity gained on principal adds $3,388/yr, and 5% annual appreciation accumulates to $145,048 by year five. Five-year ROI measures 108.42% and total cumulative return in cash reaches $187,269. For financing, Ziffy Mortgage’s DSCR program evaluates $3,434/mo property income against a $2,570/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
10,332 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02719, Fairhaven, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,855 (100%) |
| Owner Occupied HU | 5,118 (65.2%) |
| Renter Occupied HU | 1,935 (24.6%) |
| Vacant Housing Units | 802 (10.2%) |
| Median Home Value | $534,221 |
| Average Home Value | $610,356 |
Housing Distribution
Address Breakdown
Residential
7,000
Single Family
6,300
Multi-Family
700
Businesses
544
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Listed by: Katie Elderkin • Keller Williams South Watuppa
Mls Name: MLS PIN
Mls ID: #73407117