3 Fulling Mill RdChilmarkMA02535
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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 $3,835/mo, and a $9,177/mo payment. Purchase price stands at $1,875,000, and rental yield measures 2.45% with $3,835/mo rent. Return on cash invested shows 4.6% in year one, and 5% annual appreciation builds toward $518,028 over five years. Five-year ROI reaches 20.81% and total cumulative return in cash records $126,434. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,835/mo property income covering a $9,177/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02535, Chilmark, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,133 (100%) |
| Owner Occupied HU | 607 (28.5%) |
| Renter Occupied HU | 175 ( 8.2%) |
| Vacant Housing Units | 1,351 (63.3%) |
| Median Home Value | $1,977,041 |
| Average Home Value | $1,755,886 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
622
Multi-Family
0
Businesses
209
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Listed by: Jill Hobby Napior 508-642-0831 • Tea Lane Associates
Mls Name: LINK
Mls ID: #41666
Disclaimer: 2025 LINK, All Rights Reserved. Data last updated: 2025-04-08 11:23:22 PDT. Some properties may no longer be for sale if they have gone under contract, have sold, or are no longer being offered for sale since the last update.