658 Shore Road #8TruroMA02666
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 658 Shore Road #8, Truro, MA, 02666 in Truro. Rental yield 3.45%. At $675,000 with 3.45% gross yield, current distributions are modest, but the 5% appreciation rate projects $186,490 in new equity by year five, complemented by $6,217/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.64) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $107,268.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 4.0% |
| Monthly Cash Flow | $(2,316) | $800 |
City averages based on Truro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,938 |
| Total Monthly Debt Service | $3,986 |
| DSCR Ratio | 0.49x |
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.
Condo
Built in 1934
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02666, Truro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,011 (100%) |
| Owner Occupied HU | 982 (32.6%) |
| Renter Occupied HU | 246 ( 8.2%) |
| Vacant Housing Units | 1,783 (59.2%) |
| Median Home Value | $961,022 |
| Average Home Value | $1,042,867 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
70
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
Condo
Built in 1934
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02666, Truro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,011 (100%) |
| Owner Occupied HU | 982 (32.6%) |
| Renter Occupied HU | 246 ( 8.2%) |
| Vacant Housing Units | 1,783 (59.2%) |
| Median Home Value | $961,022 |
| Average Home Value | $1,042,867 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Team Brown • Thomas D Brown R E Associates
Mls Name: CCIMLS
Mls ID: #22504413