51 Lantern LnTisburyMA02568
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 Tisbury at 51 Lantern Ln, Tisbury, MA, 02568 priced at $835,000 pairs $3,899/mo rent with after a $4,087/mo payment. Total monthly income equals $3,899/mo. Return on cash invested is 14.1% in year one, and rental yield stands at 5.6% on a $835,000 basis. Equity gained on principal adds $5,388/yr, and 5% annual appreciation accumulates to $230,695 by year five. Five-year ROI measures 71.83% and total cumulative return in cash reaches $197,332. For financing, Ziffy Mortgage’s DSCR program evaluates $3,899/mo property income against a $4,087/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02568, Vineyard Haven, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,165 (100%) |
| Owner Occupied HU | 4,045 (44.1%) |
| Renter Occupied HU | 1,660 (18.1%) |
| Vacant Housing Units | 3,460 (37.8%) |
| Median Home Value | $1,073,166 |
| Average Home Value | $1,175,226 |
Housing Distribution
Address Breakdown
Residential
1,955
Single Family
1,764
Multi-Family
191
Businesses
442
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Listed by: Idalyn Macchia Gilstad • Wallace & Co. Sotheby's International Realty
Mls Name: Martha's Vineyard MLS
Mls ID: #32500367