432 Old Chatham Road #106South DennisMA02660
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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 South Dennis at 432 Old Chatham Road #106, South Dennis, MA, 02660 offers a 8.05% rental yield on a $290,000 purchase with $1,945/mo rent. Total monthly income registers $1,945/mo, and a $1,419/mo payment leaves $118/mo available for distribution. Annual cash flow reaches $1,411/yr on $96,135 to close, and return on cash invested stands at 21.38% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 110.87% and total cumulative return in cash at $106,588. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,945/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02660, South Dennis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,115 (100%) |
| Owner Occupied HU | 2,597 (50.8%) |
| Renter Occupied HU | 679 (13.3%) |
| Vacant Housing Units | 1,839 (36.0%) |
| Median Home Value | $641,474 |
| Average Home Value | $736,517 |
Housing Distribution
Address Breakdown
Residential
3,443
Single Family
3,209
Multi-Family
234
Businesses
388
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Listed by: Douglas Govoni • The Firm
Mls Name: CCIMLS
Mls ID: #22504166