61 Hokum Rock RdDennisMA02638
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.79% gross rental yield, 61 Hokum Rock Rd, Dennis, MA, 02638 in Dennis is priced for capital growth, not immediate cash flow. The $849,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $234,812 by year five, with $7,828/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.07) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $241,969.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 7.0% |
| Monthly Cash Flow | $(1,255) | $350 |
City averages based on Dennis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,102 |
| Total Monthly Debt Service | $5,019 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1995
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02638, Dennis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,159 (100%) |
| Owner Occupied HU | 1,345 (42.6%) |
| Renter Occupied HU | 194 ( 6.1%) |
| Vacant Housing Units | 1,620 (51.3%) |
| Median Home Value | $852,642 |
| Average Home Value | $991,909 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,538
Multi-Family
189
Businesses
91
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
Single Family
Built in 1995
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02638, Dennis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,159 (100%) |
| Owner Occupied HU | 1,345 (42.6%) |
| Renter Occupied HU | 194 ( 6.1%) |
| Vacant Housing Units | 1,620 (51.3%) |
| Median Home Value | $852,642 |
| Average Home Value | $991,909 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,538
Multi-Family
189
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A