297 MA-28HarwichMA02645
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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
Investment property for sale in Harwich at 297 MA-28, Harwich, MA, 02645 offers a 9.6% rental yield on a $450,000 purchase with $3,600/mo rent. Total monthly income registers $3,600/mo, and a $2,203/mo payment leaves $763/mo available for distribution. Annual cash flow reaches $9,159/yr on $149,175 to close, and return on cash invested stands at 26.05% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 135.93% and total cumulative return in cash at $202,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1790
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02645, Harwich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,955 (100%) |
| Owner Occupied HU | 4,068 (58.5%) |
| Renter Occupied HU | 724 (10.4%) |
| Vacant Housing Units | 2,163 (31.1%) |
| Median Home Value | $680,962 |
| Average Home Value | $769,615 |
Housing Distribution
Address Breakdown
Residential
5,402
Single Family
5,235
Multi-Family
167
Businesses
312
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Listed by: Sandra Milano • RE/MAX Executive Realty
Mls Name: CCIMLS
Mls ID: #22502208