844 Route 28 #9BSouth YarmouthMA02664
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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 South Yarmouth at 844 Route 28 #9B, South Yarmouth, MA, 02664 uses $125,970 cash to close to unlock $2,950/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $2,641/mo, and a $1,860/mo payment keeps the spread at $246/mo. Purchase price stands at $380,000, and rental yield measures 8.34% with $2,641/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 115.54% and total cumulative return in cash records $145,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,641/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02664, South Yarmouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 3,340 (45.1%) |
| Renter Occupied HU | 1,268 (17.1%) |
| Vacant Housing Units | 2,801 (37.8%) |
| Median Home Value | $650,913 |
| Average Home Value | $780,439 |
Housing Distribution
Address Breakdown
Residential
6,454
Single Family
5,964
Multi-Family
490
Businesses
539
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Listed by: Dillan W Hoyt • Greer Real Estate, LLC
Mls Name: CCIMLS
Mls ID: #22503855