60 Turnipfield RoadEasthamMA02642
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 Eastham at 60 Turnipfield Road, Eastham, MA, 02642 priced at $1,289,000 pairs $2,828/mo rent with after a $6,309/mo payment. Total monthly income equals $2,828/mo. Return on cash invested is 5.15% in year one, and rental yield stands at 2.63% on a $1,289,000 basis. Equity gained on principal adds $8,318/yr, and 5% annual appreciation accumulates to $356,127 by year five. Five-year ROI measures 23.76% and total cumulative return in cash reaches $99,222. For financing, Ziffy Mortgage’s DSCR program evaluates $2,828/mo property income against a $6,309/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02642, Eastham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 2,397 (38.4%) |
| Renter Occupied HU | 403 ( 6.5%) |
| Vacant Housing Units | 3,438 (55.1%) |
| Median Home Value | $808,149 |
| Average Home Value | $845,275 |
Housing Distribution
Address Breakdown
Residential
2,788
Single Family
2,788
Multi-Family
0
Businesses
156
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Listed by: Bob Sheldon • RE/MAX Real Estate Center
Mls Name: CCIMLS
Mls ID: #22504110