432 Old Chatham Road #309South DennisMA02660
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
Investment property for sale in South Dennis at 432 Old Chatham Road #309, South Dennis, MA, 02660 uses $107,738 cash to close to unlock $6,495/yr annual cash flow and $541/mo monthly cash flow. Total monthly income runs $3,090/mo, and a $1,591/mo payment keeps the spread at $541/mo. Purchase price stands at $325,000, and rental yield measures 11.41% with $3,090/mo rent. Return on cash invested shows 25.94% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 137.37% and total cumulative return in cash records $147,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,090/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$500 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Andrea • Wood Real Estate, Inc.
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22503448
Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS, Inc. includes the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. This site was last updated 2022-04-05 08:58:10 PDT. All properties are subject to prior sale, changes, or withdrawal. Copyright 2022 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.