48 Harry Kemp Way #3ProvincetownMA02657
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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 Provincetown at 48 Harry Kemp Way #3, Provincetown, MA, 02657 priced at $1,385,000 pairs $3,689/mo rent with after a $6,779/mo payment. Total monthly income equals $3,689/mo. Return on cash invested is 6.89% in year one, and rental yield stands at 3.2% on a $1,385,000 basis. Equity gained on principal adds $8,937/yr, and 5% annual appreciation accumulates to $382,650 by year five. Five-year ROI measures 33.09% and total cumulative return in cash reaches $148,478. For financing, Ziffy Mortgage’s DSCR program evaluates $3,689/mo property income against a $6,779/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02657, Provincetown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,145 (100%) |
| Owner Occupied HU | 1,405 (27.3%) |
| Renter Occupied HU | 808 (15.7%) |
| Vacant Housing Units | 2,932 (57.0%) |
| Median Home Value | $1,091,004 |
| Average Home Value | $1,277,322 |
Housing Distribution
Address Breakdown
Residential
3,105
Single Family
2,976
Multi-Family
129
Businesses
500
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Listed by: Joseph Marino • EXIT Cape Realty
Mls Name: MLS PIN
Mls ID: #73433682