36 Old Colony Way #3022OrleansMA02653
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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 Orleans at 36 Old Colony Way #3022, Orleans, MA, 02653 earns $136/mo cash flow from $2,966/mo rent with a $2,198/mo payment. Total monthly income totals $2,966/mo, and annual cash flow totals $1,628/yr on $148,844 capital. ROI tracks 21% on current figures, and rental yield reads 7.93% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 108.86% and total cumulative return in cash sums $162,028. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,966/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02653, Orleans, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,658 (100%) |
| Owner Occupied HU | 2,448 (43.3%) |
| Renter Occupied HU | 682 (12.1%) |
| Vacant Housing Units | 2,528 (44.7%) |
| Median Home Value | $973,958 |
| Average Home Value | $1,145,364 |
Housing Distribution
Address Breakdown
Residential
2,934
Single Family
2,560
Multi-Family
374
Businesses
585
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Listed by: Geoffrey B Gengras • William Raveis Real Estate & Home Services
Mls Name: CCIMLS
Mls ID: #22504617