432 Old Chatham Road #403South 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 #403, South Dennis, MA, 02660 uses $85,859 cash to close to unlock $2,763/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,863/mo, and a $1,268/mo payment keeps the spread at $230/mo. Purchase price stands at $259,000, and rental yield measures 8.63% with $1,863/mo rent. Return on cash invested shows 23.13% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 120.3% and total cumulative return in cash records $103,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,863/mo property income covering a $1,268/mo payment rather than investor’s personal income.
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: James Andrea • Wood Real Estate, Inc.
Mls Name: CCIMLS
Mls ID: #22504437