24 Old Colony Way #25OrleansMA02653
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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 Orleans at 24 Old Colony Way #25, Orleans, MA, 02653 uses $117,683 cash to close to unlock $7,836/yr annual cash flow and $653/mo monthly cash flow. Total monthly income runs $2,891/mo, and a $1,738/mo payment keeps the spread at $653/mo. Purchase price stands at $355,000, and rental yield measures 9.77% with $2,891/mo rent. Return on cash invested shows 26.57% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 138.73% and total cumulative return in cash records $163,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,891/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02653, Orleans, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,658 (100%) |
| Owner Occupied HU | 2,448 (43.3%) |
| Renter Occupied HU | 682 (12.1%) |
| Vacant Housing Units | 2,528 (44.7%) |
| Median Home Value | $973,958 |
| Average Home Value | $1,145,364 |
Housing Distribution
Address Breakdown
Residential
2,934
Single Family
2,560
Multi-Family
374
Businesses
585
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Listed by: Karen Maresca • Today Real Estate
Mls Name: CCIMLS
Mls ID: #22504485