405 Commercial Street Unit 5ProvincetownMA02657
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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 Provincetown at 405 Commercial Street Unit 5, Provincetown, MA, 02657 at $690,000 posts ROI 8.84% with from $2,226/mo rent. Total monthly income equals $2,226/mo. Return on cash invested measures 8.84% and rental yield reads 3.87% at the current $690,000. Equity gained on principal adds $4,452/yr, and 5% annual appreciation supports $190,634 by year five. Five-year ROI prints 43.61% and total cumulative return in cash totals $98,996. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,226/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1850
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02657, Provincetown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,145 (100%) |
| Owner Occupied HU | 1,405 (27.3%) |
| Renter Occupied HU | 808 (15.7%) |
| Vacant Housing Units | 2,932 (57.0%) |
| Median Home Value | $1,091,004 |
| Average Home Value | $1,277,322 |
Housing Distribution
Address Breakdown
Residential
3,105
Single Family
2,976
Multi-Family
129
Businesses
500
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Listed by: Nate Butera • Gibson Sotheby's International Realty
Mls Name: CCIMLS
Mls ID: #22505158