7 Meetinghouse Village WayEdgartownMA02539
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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 Edgartown at 7 Meetinghouse Village Way, Edgartown, MA, 02539 with 5% annual appreciation on a $1,675,000 basis while $6,053/mo rent supports operations. 41% in year one. Equity gained on principal adds $10,809/yr, and five-year appreciation sums $462,772 alongside rental yield of 4.34%. Five-year ROI measures 51.97% and total cumulative return in cash totals $282,030. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,053/mo property income versus a $8,198/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1987
N/A 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
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Listed by: Paul Pertile • The Agency
Mls Name: LINK
Mls ID: #43973