47 Quenames RdChilmarkMA02535
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 47 Quenames Rd, Chilmark, MA, 02535 in Chilmark is priced for capital growth, not immediate cash flow. The $1,575,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $435,143 by year five, with $14,506/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.1% |
| Monthly Cash Flow | $0 | $1,200 |
City averages based on Chilmark market data in our database. Property projections are estimates.
Single Family
Built in 1992
3.02 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
No similar rental properties found nearby.
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 1992
3.02 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Dawn M Bellante • Sandpiper Realty Inc
Mls Name: Martha's Vineyard MLS
Mls ID: #32500394