39 Iron Hill RdOak 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
Investment property for sale in Oak Bluffs at 39 Iron Hill Rd, Oak Bluffs, MA, 02557 offers a 3.31% rental yield on a $1,874,300 purchase with $5,177/mo rent. 26% in year one. Equity gained on principal adds $12,095/yr while 5% annual appreciation supports $517,835 over five years. Portfolio math shows five-year ROI at 35.04% and total cumulative return in cash at $212,818. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,177/mo property income against a $9,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1987
1.48 Acres 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: N/A • N/A
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