1 John Wade DrHalifaxMA02338
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
Investment Highlights
Investment property for sale in Halifax at 1 John Wade Dr, Halifax, MA, 02338 offers a 8.28% rental yield on a $619,000 purchase with $4,273/mo rent. Total monthly income registers $4,273/mo, and a $3,030/mo payment leaves $371/mo available for distribution. Annual cash flow reaches $4,455/yr on $203,651 to close, and return on cash invested stands at 22.25% in year one. Equity gained on principal adds $3,994/yr while 5% annual appreciation supports $171,018 over five years. Portfolio math shows five-year ROI at 115.52% and total cumulative return in cash at $235,249. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,273/mo property income against a $3,030/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02338, Halifax, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,196 (100%) |
| Owner Occupied HU | 2,886 (90.3%) |
| Renter Occupied HU | 218 ( 6.8%) |
| Vacant Housing Units | 92 ( 2.9%) |
| Median Home Value | $502,126 |
| Average Home Value | $495,590 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
3,043
Multi-Family
27
Businesses
181
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike & Maria Real Estate • Waterfront Realty Group
Mls Name: MLS PIN
Mls ID: #73466454