2590 Main StreetSouth ChathamMA02659
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
Rental property for sale in South Chatham at 2590 Main Street, South Chatham, MA, 02659 priced at $779,900 pairs $4,874/mo rent with after a $3,817/mo payment. Total monthly income equals $4,874/mo. Return on cash invested is 19.87% in year one, and rental yield stands at 7.5% on a $779,900 basis. Equity gained on principal adds $5,033/yr, and 5% annual appreciation accumulates to $215,472 by year five. Five-year ROI measures 102.73% and total cumulative return in cash reaches $263,601. For financing, Ziffy Mortgage’s DSCR program evaluates $4,874/mo property income against a $3,817/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1834
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02659, South Chatham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,319 (100%) |
| Owner Occupied HU | 485 (36.8%) |
| Renter Occupied HU | 68 ( 5.2%) |
| Vacant Housing Units | 766 (58.1%) |
| Median Home Value | $817,105 |
| Average Home Value | $998,144 |
Housing Distribution
Address Breakdown
Residential
662
Single Family
662
Multi-Family
0
Businesses
65
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Nearby investment properties with comparable prices
Listed by: Richard J Waystack • William Raveis Real Estate & Home Services
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22500677
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.