844 Route 28 APT 7BSouth YarmouthMA02664
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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
Investment property for sale in South Yarmouth at 844 Route 28 APT 7B, South Yarmouth, MA, 02664 offers a 9.84% rental yield on a $305,000 purchase with $2,502/mo rent. Total monthly income registers $2,502/mo, and a $1,493/mo payment leaves $579/mo available for distribution. Annual cash flow reaches $6,954/yr on $101,108 to close, and return on cash invested stands at 26.79% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 139.89% and total cumulative return in cash at $141,442. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,502/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: Mari Sennott Plus • Today Real Estate
Mls Name: CCIMLS
Mls ID: #22600232