23 Open Space DriveSandwichMA02563
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
Investment property for sale in Sandwich at 23 Open Space Drive, Sandwich, MA, 02563 offers a 4.49% rental yield on a $1,289,000 purchase with $4,825/mo rent. 93% in year one. Equity gained on principal adds $8,318/yr while 5% annual appreciation supports $356,127 over five years. Portfolio math shows five-year ROI at 49.75% and total cumulative return in cash at $207,774. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,825/mo property income against a $6,309/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.40 Acres lot
$N/A/sqft
$4,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02563, Sandwich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,968 (100%) |
| Owner Occupied HU | 3,624 (72.9%) |
| Renter Occupied HU | 569 (11.5%) |
| Vacant Housing Units | 775 (15.6%) |
| Median Home Value | $693,246 |
| Average Home Value | $770,491 |
Housing Distribution
Address Breakdown
Residential
4,305
Single Family
4,045
Multi-Family
260
Businesses
534
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Nearby investment properties with comparable prices
Listed by: Danny O'Connell • Sotheby's International Realty, Inc.
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22500939
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.