2653 Main StreetSouth ChathamMA02659
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2653 Main Street, South Chatham, MA, 02659 in South Chatham. Rental yield 5.56%. At $950,000 with 5.56% gross yield, current distributions are modest, but the 5% appreciation rate projects $262,467 in new equity by year five, complemented by $8,750/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.03) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $258,819.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 5.2% |
| Monthly Cash Flow | $(1,584) | $800 |
City averages based on South Chatham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,404 |
| Total Monthly Debt Service | $5,610 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1860
9,583 sqft 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
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
Single Family
Built in 1860
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CCIMLS
Mls ID: #22601168