36 Cranberry WayWellfleetMA02667
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 Wellfleet at 36 Cranberry Way, Wellfleet, MA, 02667 offers $3,845/mo rent that, after a $4,302/mo payment. Total monthly income is $3,845/mo. Return on cash invested measures 13.03% in year one, and rental yield stands at 5.25% at a $879,000 entry. Equity gained on principal adds $5,672/yr while 5% annual appreciation compounds into $242,851 by year five. Five-year ROI records 66.07% and total cumulative return in cash reaches $191,058. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,845/mo property income versus a $4,302/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
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Listed by: The Narrowland Group • Kinlin Grover Compass
Mls Name: CCIMLS
Mls ID: #22504458