345 Franklin StTisburyMA02568
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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 Tisbury at 345 Franklin St, Tisbury, MA, 02568 listed at $949,000 pairs $5,683/mo rent with a $4,645/mo payment. Total monthly income runs $5,683/mo. Return on cash invested measures 18.91% in year one, and rental yield registers 7.19% at a $949,000 basis. Equity gained on principal adds $6,124/yr, and annual property appreciation at 5% supports $262,191 by year five. Five-year ROI tracks 97.62% and total cumulative return in cash totals $304,788. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,683/mo property income relative to a $4,645/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02568, Vineyard Haven, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,165 (100%) |
| Owner Occupied HU | 4,045 (44.1%) |
| Renter Occupied HU | 1,660 (18.1%) |
| Vacant Housing Units | 3,460 (37.8%) |
| Median Home Value | $1,073,166 |
| Average Home Value | $1,175,226 |
Housing Distribution
Address Breakdown
Residential
1,955
Single Family
1,764
Multi-Family
191
Businesses
442
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Listed by: Alyssa M Halisky • Wallace & Co. Sotheby's International Realty
Mls Name: Martha's Vineyard MLS
Mls ID: #32500136
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.