41 Old South Rd #GNantucketMA02554
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $4,498/mo, and a $5,849/mo payment. Purchase price stands at $1,195,000, and rental yield measures 4.52% with $4,498/mo rent. Return on cash invested shows 9.12% in year one, and 5% annual appreciation builds toward $330,156 over five years. Five-year ROI reaches 45.72% and total cumulative return in cash records $177,002. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,498/mo property income covering a $5,849/mo payment rather than investor’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
$7,149 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bernadette Meyer • Maury People Sotheby's International Realty
Mls Name: LINK
Mls ID: #92037
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.