37 Circuit Ave #5Oak BluffsMA02557
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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
Total monthly income runs $2,234/mo, and a $4,576/mo payment. Purchase price stands at $935,000, and rental yield measures 2.87% with $2,234/mo rent. Return on cash invested shows 5.79% in year one, and 5% annual appreciation builds toward $258,323 over five years. Five-year ROI reaches 27.24% and total cumulative return in cash records $83,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,234/mo property income covering a $4,576/mo payment rather than investor’s personal income.
Condo
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02557, Oak Bluffs, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 235 (31.7%) |
| Renter Occupied HU | 87 (11.7%) |
| Vacant Housing Units | 419 (56.5%) |
| Median Home Value | $1,068,750 |
| Average Home Value | $1,091,638 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
234
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Listed by: Lisa Lucier • Anchor Realty of MV
Mls Name: Martha's Vineyard MLS
Mls ID: #32500078
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