1 Ludlow AveWakefieldMA01880
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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 Wakefield at 1 Ludlow Ave, Wakefield, MA, 01880 offers a 7% rental yield on a $815,000 purchase with $4,753/mo rent. 34% in year one. Equity gained on principal adds $5,259/yr while 5% annual appreciation supports $225,169 over five years. Portfolio math shows five-year ROI at 94.57% and total cumulative return in cash at $253,573. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,753/mo property income against a $3,989/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01880, Wakefield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,722 (100%) |
| Owner Occupied HU | 7,861 (67.1%) |
| Renter Occupied HU | 3,361 (28.7%) |
| Vacant Housing Units | 500 ( 4.3%) |
| Median Home Value | $739,351 |
| Average Home Value | $784,333 |
Housing Distribution
Address Breakdown
Residential
11,280
Single Family
8,920
Multi-Family
2,360
Businesses
1,330
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Listed by: Adam Gustafson • Today Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73447054