216 Forest Beach RoadSouth ChathamMA02659
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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
Rental property for sale in South Chatham at 216 Forest Beach Road, South Chatham, MA, 02659 generates $2,826/mo in rent, after a $7,342/mo payment. Total monthly income is $2,826/mo. Return on cash invested sits at 4% in year one, and rental yield is 2.26% on a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 17.6% and total cumulative return in cash sums $85,547. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,826/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02659, South Chatham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,319 (100%) |
| Owner Occupied HU | 485 (36.8%) |
| Renter Occupied HU | 68 ( 5.2%) |
| Vacant Housing Units | 766 (58.1%) |
| Median Home Value | $817,105 |
| Average Home Value | $998,144 |
Housing Distribution
Address Breakdown
Residential
662
Single Family
662
Multi-Family
0
Businesses
65
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Listed by: Maureen Green • Kinlin Grover Compass
Mls Name: CCIMLS
Mls ID: #22504407