1A Park CirNantucketMA02554
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 Nantucket at 1A Park Cir, Nantucket, MA, 02554 offers $5,364/mo rent that, after a $5,849/mo payment. Total monthly income is $5,364/mo. Return on cash invested measures 11.08% in year one, and rental yield stands at 5.39% at a $1,195,000 entry. Equity gained on principal adds $7,711/yr while 5% annual appreciation compounds into $330,156 by year five. Five-year ROI records 56.48% and total cumulative return in cash reaches $218,690. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,364/mo property income versus a $5,849/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$830 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ron Bamber • Bamber Real Estate
Mls Name: LINK
Mls ID: #92040
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.