371 Main St #23West DennisMA02670
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 371 Main St #23, West Dennis, MA, 02670 in West Dennis earns a 11.82% gross yield at $189,900. Rent of $1,871/mo nets $337/mo after the $900/mo mortgage. The 2.08 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $52,466 and $1,592/yr in equity accumulation project a total cumulative return of $91,709.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $337 | $1,200 |
City averages based on West Dennis market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,871 |
| Total Monthly Debt Service | $1,505 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02670, West Dennis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,302 (100%) |
| Owner Occupied HU | 569 (24.7%) |
| Renter Occupied HU | 196 ( 8.5%) |
| Vacant Housing Units | 1,537 (66.8%) |
| Median Home Value | $747,893 |
| Average Home Value | $907,579 |
Housing Distribution
Address Breakdown
Residential
1,075
Single Family
1,075
Multi-Family
0
Businesses
149
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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
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Nearby investment properties with comparable prices
Listed by: Ronald Bourgeois • Bass River Properties
Mls Name: MLS PIN
Mls ID: #73595743
