288 Riverbay WayEast FalmouthMA02536
Nearby investment properties with comparable rents
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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 East Falmouth at 288 Riverbay Way, East Falmouth, MA, 02536 generates $3,100/mo in rent, after a $3,377/mo payment. Total monthly income is $3,100/mo. Return on cash invested sits at 10.46% in year one, and rental yield is 5.39% on a $690,000 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 53.37% and total cumulative return in cash sums $121,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,100/mo property income rather than buyer’s personal income.
Townhouse
Built in 1976
N/A lot
$N/A/sqft
$568 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02536, East Falmouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,923 (100%) |
| Owner Occupied HU | 7,193 (55.7%) |
| Renter Occupied HU | 1,551 (12.0%) |
| Vacant Housing Units | 4,179 (32.3%) |
| Median Home Value | $703,795 |
| Average Home Value | $801,507 |
Housing Distribution
Address Breakdown
Residential
11,643
Single Family
11,560
Multi-Family
83
Businesses
410
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Nearby investment properties with comparable prices
Listed by: Derouen Levinson Group • Keller Williams Realty
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22501466
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.