10 Pine Lake DrWarehamMA02571
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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 Wareham at 10 Pine Lake Dr, Wareham, MA, 02571 uses $162,435 cash to close to unlock $10,199/yr annual cash flow and $850/mo monthly cash flow. Total monthly income runs $3,938/mo, and a $2,398/mo payment keeps the spread at $850/mo. Purchase price stands at $490,000, and rental yield measures 9.64% with $3,938/mo rent. Return on cash invested shows 26.19% in year one, and 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 136.65% and total cumulative return in cash records $221,964. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,938/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 2005
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02571, Wareham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,074 (100%) |
| Owner Occupied HU | 3,541 (58.3%) |
| Renter Occupied HU | 1,250 (20.6%) |
| Vacant Housing Units | 1,283 (21.1%) |
| Median Home Value | $599,211 |
| Average Home Value | $634,201 |
Housing Distribution
Address Breakdown
Residential
5,176
Single Family
4,820
Multi-Family
356
Businesses
418
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Listed by: Julie Gallant & Jack Murphy Team • Plymouth Village, Inc.
Mls Name: MLS PIN
Mls ID: #73465711