22-24 Hiramar RoadHyannisMA02601
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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 Hyannis at 22-24 Hiramar Road, Hyannis, MA, 02601 with 5% annual appreciation on a $634,900 basis while $4,080/mo rent supports operations. Total monthly income totals $4,080/mo and a $3,108/mo payment preserves $78/mo for cash returns. Annual cash flow comes to $934/yr on $208,882 deployed, and return on cash invested reaches 20.51% in year one. Equity gained on principal adds $4,097/yr, and five-year appreciation sums $175,411 alongside rental yield of 7.71%. Five-year ROI measures 106.17% and total cumulative return in cash totals $221,773.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,080/mo property income versus a $3,108/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1945
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02601, Hyannis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,802 (100%) |
| Owner Occupied HU | 3,745 (38.2%) |
| Renter Occupied HU | 3,721 (38.0%) |
| Vacant Housing Units | 2,336 (23.8%) |
| Median Home Value | $551,974 |
| Average Home Value | $621,149 |
Housing Distribution
Address Breakdown
Residential
7,846
Single Family
6,468
Multi-Family
1,378
Businesses
1,835
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Listed by: Jodi Redd • Bass River Properties
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22500044
Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS, Inc. includes the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. This site was last updated 2022-04-05 08:58:10 PDT. All properties are subject to prior sale, changes, or withdrawal. Copyright 2022 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.