17B Old South Rd #2NantucketMA02554
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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 17B Old South Rd #2, Nantucket, MA, 02554 earns $2,607/mo cash flow from $8,752/mo rent with a $4,772/mo payment. Total monthly income totals $8,752/mo, and annual cash flow totals $31,282/yr on $320,775 capital. ROI tracks 29.81% on current figures, and rental yield reads 10.77% at a $975,000 purchase. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 over five years. Five-year ROI reaches 156.05% and total cumulative return in cash sums $500,583. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,752/mo property income instead of your personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
No 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: Bernadette Meyer • Maury People Sotheby's International Realty
Mls Name: LINK
Mls ID: #92754