42 Old Colony Way APT 30OrleansMA02653
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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 Orleans at 42 Old Colony Way APT 30, Orleans, MA, 02653 listed at $299,000 pairs $2,482/mo rent with a $1,463/mo payment to leave $598/mo cash flow. Total monthly income runs $2,482/mo, and annual cash flow reaches $7,175/yr on $99,119 cash to close. Return on cash invested measures 27.15% in year one, and rental yield registers 9.96% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 141.8% and total cumulative return in cash totals $140,554. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,482/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
12.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02653, Orleans, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,658 (100%) |
| Owner Occupied HU | 2,448 (43.3%) |
| Renter Occupied HU | 682 (12.1%) |
| Vacant Housing Units | 2,528 (44.7%) |
| Median Home Value | $973,958 |
| Average Home Value | $1,145,364 |
Housing Distribution
Address Breakdown
Residential
2,934
Single Family
2,560
Multi-Family
374
Businesses
585
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Listed by: Kimberly A Clark • Bayside Realty Consultants
Mls Name: CCIMLS
Mls ID: #22504949