8 School House Village RdVineyard HavenMA02568
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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 Vineyard Haven at 8 School House Village Rd, Vineyard Haven, MA, 02568 generates $3,566/mo in rent, after a $8,272/mo payment. Total monthly income is $3,566/mo. Return on cash invested sits at 4.84% in year one, and rental yield is 2.53% on a $1,690,000 entry. Equity gained on principal adds $10,905/yr, while 5% annual appreciation builds toward $466,916 over five years. Five-year ROI reaches 22.09% and total cumulative return in cash sums $120,948. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,566/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02568, Vineyard Haven, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,165 (100%) |
| Owner Occupied HU | 4,045 (44.1%) |
| Renter Occupied HU | 1,660 (18.1%) |
| Vacant Housing Units | 3,460 (37.8%) |
| Median Home Value | $1,073,166 |
| Average Home Value | $1,175,226 |
Housing Distribution
Address Breakdown
Residential
1,955
Single Family
1,764
Multi-Family
191
Businesses
442
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Listed by: Stephanie W Roache • Donnelly + Co.
Mls Name: Martha's Vineyard MLS
Mls ID: #32400330
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.