34 Tower Ridge RdOak BluffsMA02557
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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 Oak Bluffs at 34 Tower Ridge Rd, Oak Bluffs, MA, 02557 with 5% annual appreciation on a $1,850,000 basis while $5,422/mo rent supports operations. 79% in year one. Equity gained on principal adds $11,938/yr, and five-year appreciation sums $511,121 alongside rental yield of 3.52%. Five-year ROI measures 37.93% and total cumulative return in cash totals $227,365. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,422/mo property income versus a $9,055/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
0.76 Acres lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02557, Oak Bluffs, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 235 (31.7%) |
| Renter Occupied HU | 87 (11.7%) |
| Vacant Housing Units | 419 (56.5%) |
| Median Home Value | $1,068,750 |
| Average Home Value | $1,091,638 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
234
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Listed by: Katherine Donahue • Sandpiper Realty Inc
Mls Name: Martha's Vineyard MLS
Mls ID: #32500177
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