21 Coffins Field RdEdgartownMA02539
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 Edgartown at 21 Coffins Field Rd, Edgartown, MA, 02539 offers $2,965/mo rent that, after a $8,267/mo payment. Total monthly income is $2,965/mo. Return on cash invested measures 3.4% in year one, and rental yield stands at 2.11% at a $1,689,000 entry. Equity gained on principal adds $10,899/yr while 5% annual appreciation compounds into $466,640 by year five. Five-year ROI records 14.43% and total cumulative return in cash reaches $78,946. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,965/mo property income versus a $8,267/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
$685 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02539, Edgartown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,831 (100%) |
| Owner Occupied HU | 1,719 (29.5%) |
| Renter Occupied HU | 735 (12.6%) |
| Vacant Housing Units | 3,377 (57.9%) |
| Median Home Value | $1,267,586 |
| Average Home Value | $1,358,630 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,295
Multi-Family
0
Businesses
346
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Listed by: Helena Kirschenbaum • Studio Realty
Mls Name: LINK
Mls ID: #42611
Disclaimer: 2025 LINK, All Rights Reserved. Data last updated: 2025-03-11 11:52:24 PDT. Some properties may no longer be for sale if they have gone under contract, have sold, or are no longer being offered for sale since the last update.