41 Smith Hollow DrEdgartownMA02539
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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 Edgartown at 41 Smith Hollow Dr, Edgartown, MA, 02539 priced at $1,975,000 converts $3,031/mo rent into after a $9,667/mo obligation. Total monthly income equals $3,031/mo. Return on cash invested prints 2.52% in year one, and rental yield reads 1.84% against a $1,975,000 entry. Equity gained on principal adds $12,744/yr, while 5% annual appreciation compiles into $545,656 by year five. Five-year ROI reaches 9.73% and total cumulative return in cash sums $62,238. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,031/mo property income covering a $9,667/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.90 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02539, Edgartown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,831 (100%) |
| Owner Occupied HU | 1,719 (29.5%) |
| Renter Occupied HU | 735 (12.6%) |
| Vacant Housing Units | 3,377 (57.9%) |
| Median Home Value | $1,267,586 |
| Average Home Value | $1,358,630 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,295
Multi-Family
0
Businesses
346
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Listed by: Marilyn Moses Cell 617-462-0381 ANYTIME! • Ocean Park Realty Inc
Mls Name: LINK
Mls ID: #42961
Disclaimer: 2025 LINK, All Rights Reserved. Data last updated: 2025-03-04 11:22:26 PST. Some properties may no longer be for sale if they have gone under contract, have sold, or are no longer being offered for sale since the last update.