800 Bearses Way UNIT 6SDHyannisMA02601
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 800 Bearses Way UNIT 6SD, Hyannis, MA, 02601 in Hyannis is the 1.51 coverage ratio: rent of $2,541/mo versus a $1,686/mo debt payment on a $375,000 property. Rental yield 8.13%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $103,606 by year five, with $3,454/yr in equity from paydown. Total projected cumulative return: $128,972.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $(237) | $1,500 |
City averages based on Hyannis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,541 |
| Total Monthly Debt Service | $2,628 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A lot
$N/A/sqft
$414 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02601, Hyannis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,802 (100%) |
| Owner Occupied HU | 3,745 (38.2%) |
| Renter Occupied HU | 3,721 (38.0%) |
| Vacant Housing Units | 2,336 (23.8%) |
| Median Home Value | $551,974 |
| Average Home Value | $621,149 |
Housing Distribution
Address Breakdown
Residential
7,846
Single Family
6,468
Multi-Family
1,378
Businesses
1,835
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
Condo
Built in 1974
N/A lot
$N/A/sqft
$414 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02601, Hyannis, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,802 (100%) |
| Owner Occupied HU | 3,745 (38.2%) |
| Renter Occupied HU | 3,721 (38.0%) |
| Vacant Housing Units | 2,336 (23.8%) |
| Median Home Value | $551,974 |
| Average Home Value | $621,149 |
Housing Distribution
Address Breakdown
Residential
7,846
Single Family
6,468
Multi-Family
1,378
Businesses
1,835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jan Pulit • Kinlin Grover Compass
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22501280
Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS, Inc. includes the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. This site was last updated 2022-04-05 08:58:10 PDT. All properties are subject to prior sale, changes, or withdrawal. Copyright 2022 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.