70 Meredith DriveEast FalmouthMA02536
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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 East Falmouth at 70 Meredith Drive, East Falmouth, MA, 02536 offers a 8.67% rental yield on a $475,000 purchase with $3,431/mo rent. Total monthly income registers $3,431/mo, and a $2,325/mo payment leaves $437/mo available for distribution. Annual cash flow reaches $5,244/yr on $157,463 to close, and return on cash invested stands at 23.24% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 120.87% and total cumulative return in cash at $190,327. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,431/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02536, East Falmouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,923 (100%) |
| Owner Occupied HU | 7,193 (55.7%) |
| Renter Occupied HU | 1,551 (12.0%) |
| Vacant Housing Units | 4,179 (32.3%) |
| Median Home Value | $703,795 |
| Average Home Value | $801,507 |
Housing Distribution
Address Breakdown
Residential
11,643
Single Family
11,560
Multi-Family
83
Businesses
410
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Listed by: Annie Hart Cool Team • Sotheby's International Realty
Mls Name: CCIMLS
Mls ID: #22505517