8 Drum LaneHarwichMA02645
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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
Rental property for sale in Harwich at 8 Drum Lane, Harwich, MA, 02645 generates $4,882/mo in rent, after a $5,873/mo payment. Total monthly income is $4,882/mo. Return on cash invested sits at 12.1% in year one, and rental yield is 4.88% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 60.99% and total cumulative return in cash sums $237,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,882/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02645, Harwich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,955 (100%) |
| Owner Occupied HU | 4,068 (58.5%) |
| Renter Occupied HU | 724 (10.4%) |
| Vacant Housing Units | 2,163 (31.1%) |
| Median Home Value | $680,962 |
| Average Home Value | $769,615 |
Housing Distribution
Address Breakdown
Residential
5,402
Single Family
5,235
Multi-Family
167
Businesses
312
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Listed by: The Jorie Fleming Group • Compass
Mls Name: CCIMLS
Mls ID: #22503238