51 Canal St #18Buzzards BayMA02532
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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 Buzzards Bay at 51 Canal St #18, Buzzards Bay, MA, 02532 offers a 10.83% rental yield on a $299,295 purchase with $2,700/mo rent. Total monthly income registers $2,700/mo, and a $1,465/mo payment leaves $813/mo available for distribution. Annual cash flow reaches $9,762/yr on $99,216 to close, and return on cash invested stands at 29.75% in year one. Equity gained on principal adds $1,931/yr while 5% annual appreciation supports $82,690 over five years. Portfolio math shows five-year ROI at 155.78% and total cumulative return in cash at $154,555. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,700/mo property income against a $1,465/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02532, Buzzards Bay, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,233 (100%) |
| Owner Occupied HU | 4,416 (61.1%) |
| Renter Occupied HU | 1,364 (18.9%) |
| Vacant Housing Units | 1,453 (20.1%) |
| Median Home Value | $628,945 |
| Average Home Value | $708,381 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
5,812
Multi-Family
407
Businesses
479
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Listed by: Kristin Saccone • Bold Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73427258