2B Yawkey Way #2NantucketMA02554
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2B Yawkey Way #2, Nantucket, MA, 02554 in Nantucket hard to pass up. The 23.66% gross yield on a $1,521,400 purchase results in $30,000/mo in rent and $20,411/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (4.39). Annual cash flow of $244,931, five-year appreciation of $420,335, and $14,012/yr in equity build-up combine for a projected total cumulative return of $1,891,108.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 23.7% | 6.0% |
| Monthly Cash Flow | $20,411 | $1,200 |
City averages based on Nantucket market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $30,000 |
| Total Monthly Debt Service | $8,984 |
| DSCR Ratio | 3.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02554, Nantucket, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,808 (100%) |
| Owner Occupied HU | 3,418 (26.7%) |
| Renter Occupied HU | 2,155 (16.8%) |
| Vacant Housing Units | 7,235 (56.5%) |
| Median Home Value | $1,340,198 |
| Average Home Value | $1,431,158 |
Housing Distribution
Address Breakdown
Residential
6,520
Single Family
6,463
Multi-Family
57
Businesses
763
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02554, Nantucket, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,808 (100%) |
| Owner Occupied HU | 3,418 (26.7%) |
| Renter Occupied HU | 2,155 (16.8%) |
| Vacant Housing Units | 7,235 (56.5%) |
| Median Home Value | $1,340,198 |
| Average Home Value | $1,431,158 |
Housing Distribution
Address Breakdown
Residential
6,520
Single Family
6,463
Multi-Family
57
Businesses
763
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John F. Trudel III • Maury People Sotheby's International Realty
Mls Name: LINK
Mls ID: #87524
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.