29 Oak Ridge RoadOstervilleMA02655
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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
Total monthly income runs $4,061/mo, and a $7,807/mo payment. Purchase price stands at $1,595,000, and rental yield measures 3.06% with $4,061/mo rent. Return on cash invested shows 6.46% in year one, and 5% annual appreciation builds toward $440,669 over five years. Five-year ROI reaches 30.75% and total cumulative return in cash records $158,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,061/mo property income covering a $7,807/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02655, Osterville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,258 (100%) |
| Owner Occupied HU | 1,474 (45.2%) |
| Renter Occupied HU | 219 ( 6.7%) |
| Vacant Housing Units | 1,565 (48.0%) |
| Median Home Value | $845,465 |
| Average Home Value | $1,044,813 |
Housing Distribution
Address Breakdown
Residential
2,597
Single Family
2,328
Multi-Family
269
Businesses
391
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Listed by: James E Murphy, Jr • Murphy Real Estate
Mls Name: CCIMLS
Mls ID: #22600049