49 Lower County Road UNIT 2Dennis PtMA02639
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
Investment Highlights
Rental property for sale in Dennis Pt at 49 Lower County Road UNIT 2, Dennis Pt, MA, 02639 priced at $179,000 pairs $1,408/mo rent with $119/mo cash flow after a $876/mo payment. Total monthly income equals $1,408/mo, and annual cash flow comes to $1,431/yr on $59,339 invested. Return on cash invested is 22.32% in year one, and rental yield stands at 9.44% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 117.16% and total cumulative return in cash reaches $69,519. For financing, Ziffy Mortgage’s DSCR program evaluates $1,408/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1953
N/A lot
$N/A/sqft
$482 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02639, Dennis Port, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,254 (100%) |
| Owner Occupied HU | 1,037 (19.7%) |
| Renter Occupied HU | 737 (14.0%) |
| Vacant Housing Units | 3,480 (66.2%) |
| Median Home Value | $647,401 |
| Average Home Value | $691,150 |
Housing Distribution
Address Breakdown
Residential
1,734
Single Family
1,570
Multi-Family
164
Businesses
167
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Listed by: Kelly L Schwarz • EXIT Cape Realty
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22500426
Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS, Inc. includes the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. This site was last updated 2022-04-05 08:58:10 PDT. All properties are subject to prior sale, changes, or withdrawal. Copyright 2022 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.