24 Federal LaneDennisMA02638
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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 Dennis at 24 Federal Lane, Dennis, MA, 02638 generates $3,628/mo in rent, after a $6,730/mo payment. Total monthly income is $3,628/mo. Return on cash invested sits at 6.8% in year one, and rental yield is 3.17% on a $1,375,000 entry. Equity gained on principal adds $8,873/yr, while 5% annual appreciation builds toward $379,887 over five years. Five-year ROI reaches 32.59% and total cumulative return in cash sums $145,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,628/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02638, Dennis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,159 (100%) |
| Owner Occupied HU | 1,345 (42.6%) |
| Renter Occupied HU | 194 ( 6.1%) |
| Vacant Housing Units | 1,620 (51.3%) |
| Median Home Value | $852,642 |
| Average Home Value | $991,909 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,538
Multi-Family
189
Businesses
91
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Listed by: Michael R Leyden • Cape Cod Viking Real Estate, LLC
Mls Name: CCIMLS
Mls ID: #22505944