61 Hines Point RdTisburyMA02568
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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 Tisbury at 61 Hines Point Rd, Tisbury, MA, 02568 offers a 1.32% rental yield on a $1,950,000 purchase with $2,147/mo rent. 1% in year one. Equity gained on principal adds $12,583/yr while 5% annual appreciation supports $538,749 over five years. Portfolio math shows five-year ROI at 2.05% and total cumulative return in cash at $12,977. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,147/mo property income against a $9,544/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
0.31 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: Alyssa M Halisky • Wallace & Co. Sotheby's International Realty
Mls Name: Martha's Vineyard MLS
Mls ID: #32500129
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.