76 Norton Orchard RdEdgartownMA02539
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
Investment Highlights
Investment property for sale in Edgartown at 76 Norton Orchard Rd, Edgartown, MA, 02539 offers a 4.88% rental yield on a $1,499,000 purchase with $6,102/mo rent. 1% in year one. Equity gained on principal adds $9,673/yr while 5% annual appreciation supports $414,146 over five years. Portfolio math shows five-year ROI at 61.03% and total cumulative return in cash at $296,409. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,102/mo property income against a $7,337/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.31 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: Jim Joyce • Carroll & Vincent R.E.
Mls Name: LINK
Mls ID: #43944