36 Cranberry WayWellfleetMA02667
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 36 Cranberry Way, Wellfleet, MA, 02667 in Wellfleet worth study. Rental yield 5.25%. The 5.25% gross yield is below cash-flow benchmarks at $879,000, but 5% annual appreciation, adding $242,851 over five years, frames this as a capital growth position. Rent of $3,845/mo partially offsets the $3,953/mo payment. Ziffy Mortgage finances appreciation-play properties (0.97 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $224,669.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 5.5% |
| Monthly Cash Flow | $(1,695) | $800 |
City averages based on Wellfleet market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,845 |
| Total Monthly Debt Service | $5,190 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02667, Wellfleet, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,356 (100%) |
| Owner Occupied HU | 1,477 (33.9%) |
| Renter Occupied HU | 317 ( 7.3%) |
| Vacant Housing Units | 2,562 (58.8%) |
| Median Home Value | $817,308 |
| Average Home Value | $874,250 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,311
Multi-Family
0
Businesses
146
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
Single Family
Built in 1980
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02667, Wellfleet, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,356 (100%) |
| Owner Occupied HU | 1,477 (33.9%) |
| Renter Occupied HU | 317 ( 7.3%) |
| Vacant Housing Units | 2,562 (58.8%) |
| Median Home Value | $817,308 |
| Average Home Value | $874,250 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,311
Multi-Family
0
Businesses
146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Narrowland Group • Kinlin Grover Compass
Mls Name: CCIMLS
Mls ID: #22504458