297 W Main Street #12BarnstableMA02630
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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 Barnstable at 297 W Main Street #12, Barnstable, MA, 02630 uses $95,833 cash to close to unlock $9,406/yr annual cash flow and $784/mo monthly cash flow. Total monthly income runs $2,606/mo, and a $1,415/mo payment keeps the spread at $784/mo. Purchase price stands at $289,090, and rental yield measures 10.82% with $2,606/mo rent. Return on cash invested shows 29.72% in year one, and 5% annual appreciation builds toward $79,870 over five years. Five-year ROI reaches 155.61% and total cumulative return in cash records $149,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,606/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02630, Barnstable, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,172 (100%) |
| Owner Occupied HU | 745 (63.6%) |
| Renter Occupied HU | 86 ( 7.3%) |
| Vacant Housing Units | 341 (29.1%) |
| Median Home Value | $801,791 |
| Average Home Value | $849,631 |
Housing Distribution
Address Breakdown
Residential
574
Single Family
556
Multi-Family
18
Businesses
172
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Listed by: Lauren T Scioletti • Sotheby's International Realty
Mls Name: CCIMLS
Mls ID: #22504085