12 Chippewa 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
Rental property for sale in Wareham at 12 Chippewa Dr, Wareham, MA, 02571 offers $4,800/mo rent that, after a $2,691/mo payment, leaves $1,335/mo cash flow. Total monthly income is $4,800/mo, and annual cash flow is $16,016/yr on $180,884 cash. Return on cash invested measures 28.91% in year one, and rental yield stands at 10.48% at a $549,800 entry. Equity gained on principal adds $3,548/yr while 5% annual appreciation compounds into $151,900 by year five. Five-year ROI records 151.25% and total cumulative return in cash reaches $273,595. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,800/mo property income versus a $2,691/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
8,520 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: Jamie Fortes • Amaral & Associates RE
Mls Name: MLS PIN
Mls ID: #73414846