46 Tiercel LnChilmarkMA02535
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play46 Tiercel Ln, Chilmark, MA, 02535 in Chilmark is priced for appreciation, not yield. Rental yield 2.92%. At $1,650,000 with a 2.92% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $455,865 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.54) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $215,921.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 5.1% |
| Monthly Cash Flow | $(6,381) | $1,200 |
City averages based on Chilmark market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,019 |
| Total Monthly Debt Service | $9,743 |
| DSCR Ratio | 0.41x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
3.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02535, Chilmark, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,133 (100%) |
| Owner Occupied HU | 607 (28.5%) |
| Renter Occupied HU | 175 ( 8.2%) |
| Vacant Housing Units | 1,351 (63.3%) |
| Median Home Value | $1,977,041 |
| Average Home Value | $1,755,886 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
622
Multi-Family
0
Businesses
209
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
Single Family
Built in 1996
3.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02535, Chilmark, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,133 (100%) |
| Owner Occupied HU | 607 (28.5%) |
| Renter Occupied HU | 175 ( 8.2%) |
| Vacant Housing Units | 1,351 (63.3%) |
| Median Home Value | $1,977,041 |
| Average Home Value | $1,755,886 |
Housing Distribution
Address Breakdown
Residential
622
Single Family
622
Multi-Family
0
Businesses
209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacy Ickes • Donnelly + Co
Mls Name: LINK
Mls ID: #43869