38 Old Bridge RoadBourneMA02532
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bourne at 38 Old Bridge Road, Bourne, MA, 02532 offers a 4.08% rental yield on a $849,900 purchase with $2,889/mo rent. 47% in year one. Equity gained on principal adds $5,484/yr while 5% annual appreciation supports $234,812 over five years. Portfolio math shows five-year ROI at 46.99% and total cumulative return in cash at $131,378. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,889/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02532, Buzzards Bay, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,233 (100%) |
| Owner Occupied HU | 4,416 (61.1%) |
| Renter Occupied HU | 1,364 (18.9%) |
| Vacant Housing Units | 1,453 (20.1%) |
| Median Home Value | $628,945 |
| Average Home Value | $708,381 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
5,812
Multi-Family
407
Businesses
479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin P Leddy • Kinlin Grover Compass
Mls Name: CCIMLS
Mls ID: #22505678