70 Cape Drive APT 11DMashpeeMA02649
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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 Mashpee at 70 Cape Drive APT 11D, Mashpee, MA, 02649 uses $112,710 cash to close to unlock $7,358/yr annual cash flow and $613/mo monthly cash flow. Total monthly income runs $2,756/mo, and a $1,664/mo payment keeps the spread at $613/mo. Purchase price stands at $340,000, and rental yield measures 9.73% with $2,756/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 138.03% and total cumulative return in cash records $155,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,756/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02649, Mashpee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,498 (100%) |
| Owner Occupied HU | 6,289 (54.7%) |
| Renter Occupied HU | 1,075 ( 9.3%) |
| Vacant Housing Units | 4,134 (36.0%) |
| Median Home Value | $668,287 |
| Average Home Value | $818,381 |
Housing Distribution
Address Breakdown
Residential
8,814
Single Family
7,578
Multi-Family
1,236
Businesses
648
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Listed by: Mishelle A Joy • Keller Williams Realty
Mls Name: CCIMLS
Mls ID: #22505695