40 Northwest StreetEasthamMA02642
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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 Eastham at 40 Northwest Street, Eastham, MA, 02642 generates $2,828/mo in rent, after a $6,847/mo payment. Total monthly income is $2,828/mo. Return on cash invested sits at 4.51% in year one, and rental yield is 2.43% on a $1,399,000 entry. Equity gained on principal adds $9,028/yr, while 5% annual appreciation builds toward $386,518 over five years. Five-year ROI reaches 20.34% and total cumulative return in cash sums $92,177. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,828/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02642, Eastham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 2,397 (38.4%) |
| Renter Occupied HU | 403 ( 6.5%) |
| Vacant Housing Units | 3,438 (55.1%) |
| Median Home Value | $808,149 |
| Average Home Value | $845,275 |
Housing Distribution
Address Breakdown
Residential
2,788
Single Family
2,788
Multi-Family
0
Businesses
156
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Listed by: The Jorie Fleming Group • Compass
Mls Name: CCIMLS
Mls ID: #22504873