495 Commercial Street #U11ProvincetownMA02657
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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
Total monthly income runs $2,324/mo, and a $3,426/mo payment. Purchase price stands at $699,999, and rental yield measures 3.98% with $2,324/mo rent. Return on cash invested shows 9.18% in year one, and 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 45.45% and total cumulative return in cash records $104,667. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,324/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Condo
Built in 1850
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: Brian Raiche • William Raveis Real Estate & Home Services
Mls Name: CCIMLS
Mls ID: #22505669