65 Lantern LaneSouth ChathamMA02659
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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 South Chatham at 65 Lantern Lane, South Chatham, MA, 02659 offers a 5.1% rental yield on a $825,000 purchase with $3,503/mo rent. 56% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 63.56% and total cumulative return in cash at $172,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,503/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02659, South Chatham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,319 (100%) |
| Owner Occupied HU | 485 (36.8%) |
| Renter Occupied HU | 68 ( 5.2%) |
| Vacant Housing Units | 766 (58.1%) |
| Median Home Value | $817,105 |
| Average Home Value | $998,144 |
Housing Distribution
Address Breakdown
Residential
662
Single Family
662
Multi-Family
0
Businesses
65
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Nearby investment properties with comparable prices
Listed by: Erin Terkelsen • Keller Williams Realty
Mls Name: CCIMLS
Mls ID: #22504162