67 12th St SEdgartownMA02539
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 67 12th St S, Edgartown, MA, 02539 in Edgartown: $5,952/mo in rent, $280/mo in net income, 7.94% gross yield, 1.47 DSCR, all at $899,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $248,626 in appreciation and $8,288/yr in principal paydown projects total cumulative return of $359,668.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.8% |
| Monthly Cash Flow | $280 | $1,400 |
City averages based on Edgartown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,952 |
| Total Monthly Debt Service | $5,314 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1974
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02539, Edgartown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,831 (100%) |
| Owner Occupied HU | 1,719 (29.5%) |
| Renter Occupied HU | 735 (12.6%) |
| Vacant Housing Units | 3,377 (57.9%) |
| Median Home Value | $1,267,586 |
| Average Home Value | $1,358,630 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,295
Multi-Family
0
Businesses
346
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 1974
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02539, Edgartown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,831 (100%) |
| Owner Occupied HU | 1,719 (29.5%) |
| Renter Occupied HU | 735 (12.6%) |
| Vacant Housing Units | 3,377 (57.9%) |
| Median Home Value | $1,267,586 |
| Average Home Value | $1,358,630 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,295
Multi-Family
0
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Martha's Vineyard MLS
Mls ID: #32600024