11 Wilson AveWakefieldMA01880
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 Wakefield at 11 Wilson Ave, Wakefield, MA, 01880 uses $263,167 cash to close to unlock $12,858/yr annual cash flow and $1,071/mo monthly cash flow. Total monthly income runs $6,113/mo, and a $3,915/mo payment keeps the spread at $1,071/mo. Purchase price stands at $799,900, and rental yield measures 9.17% with $6,113/mo rent. Return on cash invested shows 24.95% in year one, and 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 129.97% and total cumulative return in cash records $342,048. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,113/mo property income covering a $3,915/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Del Greco • Compass
Mls Name: MLS PIN
Mls ID: #73458612