36 Old Colony Way APT 17OrleansMA02653
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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
Rental property for sale in Orleans at 36 Old Colony Way APT 17, Orleans, MA, 02653 generates $2,414/mo in rent and, after a $1,513/mo payment, leaves $466/mo in cash flow. Total monthly income is $2,414/mo, and annual cash flow is $5,586/yr on $102,500 invested. Return on cash invested sits at 25.36% in year one, and rental yield is 9.37% on a $309,200 entry. Equity gained on principal adds $1,995/yr, while 5% annual appreciation builds toward $85,426 over five years. Five-year ROI reaches 132.22% and total cumulative return in cash sums $135,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,414/mo property income rather than buyer’s personal income.
Condo
Built in 1971
12.90 Acres 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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