310 Old Chatham Road UNIT E-13South DennisMA02660
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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 South Dennis at 310 Old Chatham Road UNIT E-13, South Dennis, MA, 02660 uses $51,383 cash to close to unlock $4,809/yr annual cash flow and $401/mo monthly cash flow. Total monthly income runs $1,378/mo, and a $759/mo payment keeps the spread at $401/mo. Purchase price stands at $155,000, and rental yield measures 10.67% with $1,378/mo rent. Return on cash invested shows 29.27% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 153.19% and total cumulative return in cash records $78,712. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,378/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02660, South Dennis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,115 (100%) |
| Owner Occupied HU | 2,597 (50.8%) |
| Renter Occupied HU | 679 (13.3%) |
| Vacant Housing Units | 1,839 (36.0%) |
| Median Home Value | $641,474 |
| Average Home Value | $736,517 |
Housing Distribution
Address Breakdown
Residential
3,443
Single Family
3,209
Multi-Family
234
Businesses
388
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Listed by: Melanie Cauchon • Melanie Cauchon Real Estate
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22500524
Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS, Inc. includes the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. This site was last updated 2022-04-05 08:58:10 PDT. All properties are subject to prior sale, changes, or withdrawal. Copyright 2022 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.