3B Park Cir #BNantucketMA02554
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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 Nantucket at 3B Park Cir #B, Nantucket, MA, 02554 earns $22,968/mo cash flow from $30,000/mo rent with a $4,797/mo payment. Total monthly income totals $30,000/mo, and annual cash flow totals $275,614/yr on $322,420 capital. ROI tracks 105.54% on current figures, and rental yield reads 36.73% at a $980,000 purchase. Equity gained on principal adds $6,324/yr, and 5% annual appreciation supports $270,756 over five years. Five-year ROI reaches 563.32% and total cumulative return in cash sums $1,816,260. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $30,000/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$855 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02554, Nantucket, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,808 (100%) |
| Owner Occupied HU | 3,418 (26.7%) |
| Renter Occupied HU | 2,155 (16.8%) |
| Vacant Housing Units | 7,235 (56.5%) |
| Median Home Value | $1,340,198 |
| Average Home Value | $1,431,158 |
Housing Distribution
Address Breakdown
Residential
6,520
Single Family
6,463
Multi-Family
57
Businesses
763
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Listed by: Jeanne Hicks • Lee Real Estate
Mls Name: LINK
Mls ID: #92352
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.