2705 State Highway #1-8EasthamMA02642
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 2705 State Highway #1-8, Eastham, MA, 02642 in Eastham the bet is firmly on appreciation. Rental yield 1.41%. The 1.41% gross yield on a $1,650,000 price is below income-first thresholds, but 5%/yr value growth projects $455,865 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.26) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $82,253.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.4% | 5.5% |
| Monthly Cash Flow | $(8,458) | $1,200 |
City averages based on Eastham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,942 |
| Total Monthly Debt Service | $9,743 |
| DSCR Ratio | 0.20x |
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.
Multi Family
Built in 1973
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02642, Eastham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 2,397 (38.4%) |
| Renter Occupied HU | 403 ( 6.5%) |
| Vacant Housing Units | 3,438 (55.1%) |
| Median Home Value | $808,149 |
| Average Home Value | $845,275 |
Housing Distribution
Address Breakdown
Residential
2,788
Single Family
2,788
Multi-Family
0
Businesses
156
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
Multi Family
Built in 1973
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02642, Eastham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 2,397 (38.4%) |
| Renter Occupied HU | 403 ( 6.5%) |
| Vacant Housing Units | 3,438 (55.1%) |
| Median Home Value | $808,149 |
| Average Home Value | $845,275 |
Housing Distribution
Address Breakdown
Residential
2,788
Single Family
2,788
Multi-Family
0
Businesses
156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mason Hickman • eXp Realty, LLC
Mls Name: CCIMLS
Mls ID: #22505674