1937 State Highway Route 6 UNIT EWellfleetMA02667
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
Investment property for sale in Wellfleet at 1937 State Highway Route 6 UNIT E, Wellfleet, MA, 02667 listed at $350,000 pairs $2,065/mo rent with a $1,713/mo payment. Total monthly income runs $2,065/mo. Return on cash invested measures 18.45% in year one, and rental yield registers 7.08% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 95.22% and total cumulative return in cash totals $110,474. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,065/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1945
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02667, Wellfleet, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,356 (100%) |
| Owner Occupied HU | 1,477 (33.9%) |
| Renter Occupied HU | 317 ( 7.3%) |
| Vacant Housing Units | 2,562 (58.8%) |
| Median Home Value | $817,308 |
| Average Home Value | $874,250 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,311
Multi-Family
0
Businesses
146
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Listed by: Melissa Yeaw • Berkshire Hathaway HomeServices Robert Paul Properties
Mls Name: CCIMLS
Mls ID: #22505033