785 State Highway UNIT 9EasthamMA02642
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
Rental property for sale in Eastham at 785 State Highway UNIT 9, Eastham, MA, 02642 generates $2,153/mo in rent and, after a $1,503/mo payment, leaves $218/mo in cash flow. Total monthly income is $2,153/mo, and annual cash flow is $2,612/yr on $101,771 invested. Return on cash invested sits at 22.48% in year one, and rental yield is 8.42% on a $307,000 entry. Equity gained on principal adds $1,981/yr, while 5% annual appreciation builds toward $84,818 over five years. Five-year ROI reaches 116.76% and total cumulative return in cash sums $118,826. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,153/mo property income rather than buyer’s personal income.
Condo
Built in 1952
5.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02642, Eastham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 2,397 (38.4%) |
| Renter Occupied HU | 403 ( 6.5%) |
| Vacant Housing Units | 3,438 (55.1%) |
| Median Home Value | $808,149 |
| Average Home Value | $845,275 |
Housing Distribution
Address Breakdown
Residential
2,788
Single Family
2,788
Multi-Family
0
Businesses
156
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Listed by: Callie L Zaglio • Kinlin Grover Compass
Mls Name: CCIMLS
Mls ID: #22505355