190 Rt 6A APT 8AOrleansMA02653
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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 Orleans at 190 Rt 6A APT 8A, Orleans, MA, 02653 generates $2,059/mo in rent, after a $1,713/mo payment. Total monthly income is $2,059/mo. Return on cash invested sits at 18.39% in year one, and rental yield is 7.06% on a $349,999 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,698 over five years. Five-year ROI reaches 94.88% and total cumulative return in cash sums $110,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,059/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02653, Orleans, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,658 (100%) |
| Owner Occupied HU | 2,448 (43.3%) |
| Renter Occupied HU | 682 (12.1%) |
| Vacant Housing Units | 2,528 (44.7%) |
| Median Home Value | $973,958 |
| Average Home Value | $1,145,364 |
Housing Distribution
Address Breakdown
Residential
2,934
Single Family
2,560
Multi-Family
374
Businesses
585
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Listed by: James D Mawn • Beach Road Properties
Mls Name: CCIMLS
Mls ID: #22505347