20 Straight Wharf #CNantucketMA02554
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 20 Straight Wharf #C, Nantucket, MA, 02554 offers $6,463/mo rent that, after a $9,784/mo payment. Total monthly income is $6,463/mo. Return on cash invested measures 9% in year one, and rental yield stands at 3.88% at a $1,999,000 entry. Equity gained on principal adds $12,899/yr while 5% annual appreciation compounds into $552,287 by year five. Five-year ROI records 44.4% and total cumulative return in cash reaches $287,549. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,463/mo property income versus a $9,784/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1968
3,049 sqft lot
$N/A/sqft
No 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
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Listed by: J Pepper Frazier II • J Pepper Frazier Co.
Mls Name: LINK
Mls ID: #92150