19 Captain Richards Way #1ChathamMA02633
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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
Rental property for sale in Chatham at 19 Captain Richards Way #1, Chatham, MA, 02633 priced at $489,000 pairs $2,546/mo rent with after a $2,393/mo payment. Total monthly income equals $2,546/mo. Return on cash invested is 15.94% in year one, and rental yield stands at 6.25% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 81.74% and total cumulative return in cash reaches $132,502. For financing, Ziffy Mortgage’s DSCR program evaluates $2,546/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1954
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02633, Chatham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,440 (100%) |
| Owner Occupied HU | 1,938 (35.6%) |
| Renter Occupied HU | 468 ( 8.6%) |
| Vacant Housing Units | 3,034 (55.8%) |
| Median Home Value | $957,526 |
| Average Home Value | $1,225,215 |
Housing Distribution
Address Breakdown
Residential
3,218
Single Family
3,120
Multi-Family
98
Businesses
372
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Listed by: Dawn Boynton • Berkshire Hathaway HomeServices Robert Paul Properties
Mls Name: CCIMLS
Mls ID: #22504514