241 Old Wharf UNIT 91Dennis PtMA02639
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 Dennis Pt at 241 Old Wharf UNIT 91, Dennis Pt, MA, 02639 offers a 8.16% rental yield on a $214,999 purchase with $1,462/mo rent. Total monthly income registers $1,462/mo, and a $1,052/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,287/yr on $71,272 to close, and return on cash invested stands at 21.71% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,400 over five years. Portfolio math shows five-year ROI at 112.72% and total cumulative return in cash at $80,341. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,462/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02639, Dennis Port, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,254 (100%) |
| Owner Occupied HU | 1,037 (19.7%) |
| Renter Occupied HU | 737 (14.0%) |
| Vacant Housing Units | 3,480 (66.2%) |
| Median Home Value | $647,401 |
| Average Home Value | $691,150 |
Housing Distribution
Address Breakdown
Residential
1,734
Single Family
1,570
Multi-Family
164
Businesses
167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia A Lumbert • Weichert, Realtors-Donahue Partners
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22405590
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.