21 Bank StNantucketMA02554
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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 Nantucket at 21 Bank St, Nantucket, MA, 02554 with 5% annual appreciation on a $1,805,000 basis while $2,708/mo rent supports operations. 58% in year one. Equity gained on principal adds $11,647/yr, and five-year appreciation sums $498,688 alongside rental yield of 1.8%. Five-year ROI measures 9.97% and total cumulative return in cash totals $58,329. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,708/mo property income versus a $8,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
2,609 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. Brent Tartamella • Fisher Real Estate
Mls Name: LINK
Mls ID: #91791
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.