230 Madaket RdNantucketMA02554
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 Nantucket at 230 Madaket Rd, Nantucket, MA, 02554 offers a 1.95% rental yield on a $1,950,000 purchase with $3,170/mo rent. 05% in year one. Equity gained on principal adds $12,583/yr while 5% annual appreciation supports $538,749 over five years. Portfolio math shows five-year ROI at 12.48% and total cumulative return in cash at $78,821. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,170/mo property income against a $9,544/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02554, Nantucket, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,808 (100%) |
| Owner Occupied HU | 3,418 (26.7%) |
| Renter Occupied HU | 2,155 (16.8%) |
| Vacant Housing Units | 7,235 (56.5%) |
| Median Home Value | $1,340,198 |
| Average Home Value | $1,431,158 |
Housing Distribution
Address Breakdown
Residential
6,520
Single Family
6,463
Multi-Family
57
Businesses
763
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heidi L. Drew • Atlantic East Nantucket Real Estate
Mls Name: LINK
Mls ID: #92133
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.