18 Hopkins WayNorth TruroMA02652
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 North Truro at 18 Hopkins Way, North Truro, MA, 02652 priced at $899,000 pairs $3,205/mo rent with after a $4,400/mo payment. Total monthly income equals $3,205/mo. Return on cash invested is 10.08% in year one, and rental yield stands at 4.28% on a $899,000 basis. Equity gained on principal adds $5,801/yr, and 5% annual appreciation accumulates to $248,377 by year five. Five-year ROI measures 50.22% and total cumulative return in cash reaches $148,522. For financing, Ziffy Mortgage’s DSCR program evaluates $3,205/mo property income against a $4,400/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02652, North Truro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 56 (100%) |
| Owner Occupied HU | 15 (26.8%) |
| Renter Occupied HU | 3 ( 5.4%) |
| Vacant Housing Units | 38 (67.9%) |
| Median Home Value | $1,125,000 |
| Average Home Value | $1,075,000 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
1
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judith I Rogers • Berkshire Hathaway HomeServices Robert Paul Properties
Mls Name: CCIMLS
Mls ID: #22505031