319 Riverview DriveChathamMA02633
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
Investment Highlights
Rental property for sale in Chatham at 319 Riverview Drive, Chatham, MA, 02633 offers $4,847/mo rent that, after a $5,849/mo payment. Total monthly income is $4,847/mo. Return on cash invested measures 12.05% in year one, and rental yield stands at 4.87% at a $1,195,000 entry. Equity gained on principal adds $7,711/yr while 5% annual appreciation compounds into $330,156 by year five. Five-year ROI records 60.75% and total cumulative return in cash reaches $235,226. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,847/mo property income versus a $5,849/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02633, Chatham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,440 (100%) |
| Owner Occupied HU | 1,938 (35.6%) |
| Renter Occupied HU | 468 ( 8.6%) |
| Vacant Housing Units | 3,034 (55.8%) |
| Median Home Value | $957,526 |
| Average Home Value | $1,225,215 |
Housing Distribution
Address Breakdown
Residential
3,218
Single Family
3,120
Multi-Family
98
Businesses
372
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Listed by: Chris Rhinesmith • Compass Massachusetts, LLC
Mls Name: CCIMLS
Mls ID: #22502153