6 Gerts WayEdgartownMA02539
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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
Investment property for sale in Edgartown at 6 Gerts Way, Edgartown, MA, 02539 listed at $1,750,000 pairs $5,356/mo rent with a $8,565/mo payment. Total monthly income runs $5,356/mo. Return on cash invested measures 8.36% in year one, and rental yield registers 3.67% at a $1,750,000 basis. Equity gained on principal adds $11,292/yr, and annual property appreciation at 5% supports $483,493 by year five. Five-year ROI tracks 40.98% and total cumulative return in cash totals $232,329. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,356/mo property income relative to a $8,565/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02539, Edgartown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,831 (100%) |
| Owner Occupied HU | 1,719 (29.5%) |
| Renter Occupied HU | 735 (12.6%) |
| Vacant Housing Units | 3,377 (57.9%) |
| Median Home Value | $1,267,586 |
| Average Home Value | $1,358,630 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,295
Multi-Family
0
Businesses
346
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Listed by: Kathleen M Dawson • Donnelly + Co.
Mls Name: Martha's Vineyard MLS
Mls ID: #32400305
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