251 Old Wharf Rd #109Dennis 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 251 Old Wharf Rd #109, Dennis Pt, MA, 02639 uses $76,245 cash to close to unlock $1,369/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $1,564/mo, and a $1,126/mo payment keeps the spread at $114/mo. Purchase price stands at $230,000, and rental yield measures 8.16% with $1,564/mo rent. Return on cash invested shows 21.7% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 112.68% and total cumulative return in cash records $85,915. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,564/mo property income covering a $1,126/mo payment rather than investor’s personal income.
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: Joyce Gerraughty • William Raveis R.E. & Homes Services
Mls Name: MLS PIN
Mls ID: #73408548