301 Ocean Mdws UNIT 301FairhavenMA02719
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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 Fairhaven at 301 Ocean Mdws UNIT 301, Fairhaven, MA, 02719 earns $347/mo cash flow from $2,550/mo rent with a $1,711/mo payment. Total monthly income totals $2,550/mo, and annual cash flow totals $4,161/yr on $115,859 capital. ROI tracks 23.5% on current figures, and rental yield reads 8.76% at a $349,500 purchase. Equity gained on principal adds $2,255/yr, and 5% annual appreciation supports $96,560 over five years. Five-year ROI reaches 122.25% and total cumulative return in cash sums $141,637. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,550/mo property income instead of your personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02719, Fairhaven, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,855 (100%) |
| Owner Occupied HU | 5,118 (65.2%) |
| Renter Occupied HU | 1,935 (24.6%) |
| Vacant Housing Units | 802 (10.2%) |
| Median Home Value | $534,221 |
| Average Home Value | $610,356 |
Housing Distribution
Address Breakdown
Residential
7,000
Single Family
6,300
Multi-Family
700
Businesses
544
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Listed by: Derek Greene • The Greene Realty Group
Mls Name: MLS PIN
Mls ID: #73408854