6 Elliot DriveWest DennisMA02670
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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 West Dennis at 6 Elliot Drive, West Dennis, MA, 02670 with 5% annual appreciation on a $395,000 basis while $2,758/mo rent supports operations. Total monthly income totals $2,758/mo and a $1,933/mo payment preserves $269/mo for cash returns. Annual cash flow comes to $3,225/yr on $130,943 deployed, and return on cash invested reaches 22.37% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,131 alongside rental yield of 8.38%. Five-year ROI measures 116.2% and total cumulative return in cash totals $152,154.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,758/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02670, West Dennis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,302 (100%) |
| Owner Occupied HU | 569 (24.7%) |
| Renter Occupied HU | 196 ( 8.5%) |
| Vacant Housing Units | 1,537 (66.8%) |
| Median Home Value | $747,893 |
| Average Home Value | $907,579 |
Housing Distribution
Address Breakdown
Residential
1,075
Single Family
1,075
Multi-Family
0
Businesses
149
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Nearby investment properties with comparable prices
Listed by: Jonathan Chace • Keller Williams Easton
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22501191
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.