2 Englewood Drive #D-7HarwichMA02645
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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
Investment property for sale in Harwich at 2 Englewood Drive #D-7, Harwich, MA, 02645 offers a 9.25% rental yield on a $379,000 purchase with $2,922/mo rent. Total monthly income registers $2,922/mo, and a $1,855/mo payment leaves $533/mo available for distribution. Annual cash flow reaches $6,399/yr on $125,639 to close, and return on cash invested stands at 25% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 130.33% and total cumulative return in cash at $163,739. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,922/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02645, Harwich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,955 (100%) |
| Owner Occupied HU | 4,068 (58.5%) |
| Renter Occupied HU | 724 (10.4%) |
| Vacant Housing Units | 2,163 (31.1%) |
| Median Home Value | $680,962 |
| Average Home Value | $769,615 |
Housing Distribution
Address Breakdown
Residential
5,402
Single Family
5,235
Multi-Family
167
Businesses
312
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Listed by: Falconio Jones Team • Kinlin Grover Compass
Mls Name: CCIMLS
Mls ID: #22504630