46 Tiercel LnChilmarkMA02535
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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
Rental property for sale in Chilmark at 46 Tiercel Ln, Chilmark, MA, 02535 generates $3,125/mo in rent, after a $8,076/mo payment. Total monthly income is $3,125/mo. Return on cash invested sits at 4.04% in year one, and rental yield is 2.27% on a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation builds toward $455,865 over five years. Five-year ROI reaches 17.81% and total cumulative return in cash sums $95,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,125/mo property income rather than buyer’s personal income.
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
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Listed by: Stacy A Ickes • Donnelly + Co.
Mls Name: Martha's Vineyard MLS
Mls ID: #32500361