37 Old Salem WayOstervilleMA02655
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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 Osterville at 37 Old Salem Way, Osterville, MA, 02655 with 5% annual appreciation on a $835,000 basis while $4,538/mo rent supports operations. 89% in year one. Equity gained on principal adds $5,388/yr, and five-year appreciation sums $230,695 alongside rental yield of 6.52%. Five-year ROI measures 86.8% and total cumulative return in cash totals $238,444. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,538/mo property income versus a $4,087/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02655, Osterville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,258 (100%) |
| Owner Occupied HU | 1,474 (45.2%) |
| Renter Occupied HU | 219 ( 6.7%) |
| Vacant Housing Units | 1,565 (48.0%) |
| Median Home Value | $845,465 |
| Average Home Value | $1,044,813 |
Housing Distribution
Address Breakdown
Residential
2,597
Single Family
2,328
Multi-Family
269
Businesses
391
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Listed by: Linda Whitcomb • William Raveis Real Estate & Home Services
Mls Name: CCIMLS
Mls ID: #22502311