950 Massasoit RoadEasthamMA02642
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 950 Massasoit Road, Eastham, MA, 02642 in Eastham. Rental yield 5.38%. At $1,295,000 with 5.38% gross yield, current distributions are modest, but the 5% appreciation rate projects $357,785 in new equity by year five, complemented by $11,927/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.00) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $340,296.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 5.5% |
| Monthly Cash Flow | $(2,353) | $1,200 |
City averages based on Eastham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,809 |
| Total Monthly Debt Service | $7,647 |
| DSCR Ratio | 0.76x |
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 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02642, Eastham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 2,397 (38.4%) |
| Renter Occupied HU | 403 ( 6.5%) |
| Vacant Housing Units | 3,438 (55.1%) |
| Median Home Value | $808,149 |
| Average Home Value | $845,275 |
Housing Distribution
Address Breakdown
Residential
2,788
Single Family
2,788
Multi-Family
0
Businesses
156
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 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02642, Eastham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,238 (100%) |
| Owner Occupied HU | 2,397 (38.4%) |
| Renter Occupied HU | 403 ( 6.5%) |
| Vacant Housing Units | 3,438 (55.1%) |
| Median Home Value | $808,149 |
| Average Home Value | $845,275 |
Housing Distribution
Address Breakdown
Residential
2,788
Single Family
2,788
Multi-Family
0
Businesses
156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LUXRECapeCod • Gibson Sotheby's International Realty
Mls Name: CCIMLS
Mls ID: #22503568