4 Spadoni WayDennisMA02638
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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
Rental property for sale in Dennis at 4 Spadoni Way, Dennis, MA, 02638 priced at $975,000 converts $3,360/mo rent into after a $4,772/mo obligation. Total monthly income equals $3,360/mo. Return on cash invested prints 9.64% in year one, and rental yield reads 4.14% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 47.89% and total cumulative return in cash sums $153,627. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,360/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Single Family
Built in 1929
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02638, Dennis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,159 (100%) |
| Owner Occupied HU | 1,345 (42.6%) |
| Renter Occupied HU | 194 ( 6.1%) |
| Vacant Housing Units | 1,620 (51.3%) |
| Median Home Value | $852,642 |
| Average Home Value | $991,909 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,538
Multi-Family
189
Businesses
91
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Listed by: Paul McCormick • Gibson Sotheby's International Realty
Mls Name: CCIMLS
Mls ID: #22503915