229 Greenwood AveBarnstableMA02630
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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 Barnstable at 229 Greenwood Ave, Barnstable, MA, 02630 generates $2,083/mo in rent and, after a $1,463/mo payment, leaves $199/mo in cash flow. Total monthly income is $2,083/mo, and annual cash flow is $2,387/yr on $99,119 invested. Return on cash invested sits at 22.32% in year one, and rental yield is 8.36% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 115.88% and total cumulative return in cash sums $114,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,083/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02630, Barnstable, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,172 (100%) |
| Owner Occupied HU | 745 (63.6%) |
| Renter Occupied HU | 86 ( 7.3%) |
| Vacant Housing Units | 341 (29.1%) |
| Median Home Value | $801,791 |
| Average Home Value | $849,631 |
Housing Distribution
Address Breakdown
Residential
574
Single Family
556
Multi-Family
18
Businesses
172
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Listed by: Catherine Walsh • Coldwell Banker Realty - Easton
Mls Name: MLS PIN
Mls ID: #73460807