348 Old Barnstable Road UNIT 12#12MA02536
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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 #12 at 348 Old Barnstable Road UNIT 12, #12, MA, 02536 uses $162,104 cash to close to unlock $388/yr annual cash flow and $32/mo monthly cash flow. Total monthly income runs $3,655/mo, and a $2,393/mo payment keeps the spread at $32/mo. Purchase price stands at $489,000, and rental yield measures 8.97% with $3,655/mo rent. Return on cash invested shows 20.15% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 105.73% and total cumulative return in cash records $171,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,655/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$541 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02536, East Falmouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,923 (100%) |
| Owner Occupied HU | 7,193 (55.7%) |
| Renter Occupied HU | 1,551 (12.0%) |
| Vacant Housing Units | 4,179 (32.3%) |
| Median Home Value | $703,795 |
| Average Home Value | $801,507 |
Housing Distribution
Address Breakdown
Residential
11,643
Single Family
11,560
Multi-Family
83
Businesses
410
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Listed by: Lisa J Damato • William Raveis Real Estate & Home Services
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22501044
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.