297 W Main St APT 12HyannisMA02601
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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 Hyannis at 297 W Main St APT 12, Hyannis, MA, 02601 generates $2,627/mo in rent and, after a $1,396/mo payment, leaves $829/mo in cash flow. Total monthly income is $2,627/mo, and annual cash flow is $9,950/yr on $94,577 invested. Return on cash invested sits at 30.43% in year one, and rental yield is 11.05% on a $285,300 entry. Equity gained on principal adds $1,841/yr, while 5% annual appreciation builds toward $78,823 over five years. Five-year ROI reaches 159.46% and total cumulative return in cash sums $150,809. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,627/mo property income rather than buyer’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02601, Hyannis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,802 (100%) |
| Owner Occupied HU | 3,745 (38.2%) |
| Renter Occupied HU | 3,721 (38.0%) |
| Vacant Housing Units | 2,336 (23.8%) |
| Median Home Value | $551,974 |
| Average Home Value | $621,149 |
Housing Distribution
Address Breakdown
Residential
7,846
Single Family
6,468
Multi-Family
1,378
Businesses
1,835
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Listed by: N/A • N/A
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