501 Commercial St #16ProvincetownMA02657
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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
Investment property for sale in Provincetown at 501 Commercial St #16, Provincetown, MA, 02657 listed at $849,900 pairs $2,693/mo rent with a $4,160/mo payment. Total monthly income runs $2,693/mo. Return on cash invested measures 8.63% in year one, and rental yield registers 3.8% at a $849,900 basis. Equity gained on principal adds $5,484/yr, and annual property appreciation at 5% supports $234,812 by year five. Five-year ROI tracks 42.47% and total cumulative return in cash totals $118,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,693/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1900
0.79 Acres 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 Buonaiuto • JPAR Prime Real Estate
Mls Name: MLS PIN
Mls ID: #73468618