428 Main Street APT 1-11West DennisMA02670
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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 West Dennis at 428 Main Street APT 1-11, West Dennis, MA, 02670 uses $79,560 cash to close to unlock $9,684/yr annual cash flow and $807/mo monthly cash flow. Total monthly income runs $2,320/mo, and a $1,175/mo payment keeps the spread at $807/mo. Purchase price stands at $240,000, and rental yield measures 11.6% with $2,320/mo rent. Return on cash invested shows 32.08% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 168.24% and total cumulative return in cash records $133,850. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,320/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02670, West Dennis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,302 (100%) |
| Owner Occupied HU | 569 (24.7%) |
| Renter Occupied HU | 196 ( 8.5%) |
| Vacant Housing Units | 1,537 (66.8%) |
| Median Home Value | $747,893 |
| Average Home Value | $907,579 |
Housing Distribution
Address Breakdown
Residential
1,075
Single Family
1,075
Multi-Family
0
Businesses
149
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Listed by: Erin C Hemeon • Melanie Cauchon Real Estate
Mls Name: CCIMLS
Mls ID: #22505747