47 Cranberry WaySouth ChathamMA02659
Nearby investment properties with comparable rents
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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 South Chatham at 47 Cranberry Way, South Chatham, MA, 02659 offers $3,121/mo rent that, after a $3,915/mo payment. Total monthly income is $3,121/mo. Return on cash invested measures 11.3% in year one, and rental yield stands at 4.68% at a $799,900 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $220,998 by year five. Five-year ROI records 56.81% and total cumulative return in cash reaches $149,496. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,121/mo property income versus a $3,915/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02659, South Chatham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,319 (100%) |
| Owner Occupied HU | 485 (36.8%) |
| Renter Occupied HU | 68 ( 5.2%) |
| Vacant Housing Units | 766 (58.1%) |
| Median Home Value | $817,105 |
| Average Home Value | $998,144 |
Housing Distribution
Address Breakdown
Residential
662
Single Family
662
Multi-Family
0
Businesses
65
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Nearby investment properties with comparable prices
Listed by: Will H Raye • Gibson Sotheby's International Realty
Mls Name: CCIMLS
Mls ID: #22505346