28 Grovedale RdOak BluffsMA02557
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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 Oak Bluffs at 28 Grovedale Rd, Oak Bluffs, MA, 02557 generates $7,879/mo in rent, after a $8,810/mo payment. Total monthly income is $7,879/mo. Return on cash invested sits at 13.24% in year one, and rental yield is 5.25% on a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 67.12% and total cumulative return in cash sums $391,439. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,879/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02557, Oak Bluffs, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 235 (31.7%) |
| Renter Occupied HU | 87 (11.7%) |
| Vacant Housing Units | 419 (56.5%) |
| Median Home Value | $1,068,750 |
| Average Home Value | $1,091,638 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
234
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Listed by: Nicole Maxey • Pondside Realty
Mls Name: MLS PIN
Mls ID: #73435633