111 East StWareMA01082
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
Rental property for sale in Ware at 111 East St, Ware, MA, 01082 offers $2,143/mo rent that, after a $1,659/mo payment, leaves $7/mo cash flow. Total monthly income is $2,143/mo, and annual cash flow is $79/yr on $112,379 cash. Return on cash invested measures 19.98% in year one, and rental yield stands at 7.59% at a $339,000 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,659 by year five. Five-year ROI records 103.38% and total cumulative return in cash reaches $116,176. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,143/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01082, Ware, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,249 (100%) |
| Owner Occupied HU | 3,174 (60.5%) |
| Renter Occupied HU | 1,621 (30.9%) |
| Vacant Housing Units | 454 ( 8.6%) |
| Median Home Value | $338,387 |
| Average Home Value | $406,408 |
Housing Distribution
Address Breakdown
Residential
4,596
Single Family
4,504
Multi-Family
92
Businesses
292
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Listed by: Dorrinda O'Keefe Shea • Century 21 North East
Mls Name: MLS PIN
Mls ID: #73421683