12 ChippewaEast WarehamMA02538
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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 East Wareham at 12 Chippewa, East Wareham, MA, 02538 listed at $549,800 pairs $3,600/mo rent with a $2,691/mo payment to leave $135/mo cash flow. Total monthly income runs $3,600/mo, and annual cash flow reaches $1,616/yr on $180,884 cash to close. Return on cash invested measures 20.95% in year one, and rental yield registers 7.86% at a $549,800 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,900 by year five. Five-year ROI tracks 108.56% and total cumulative return in cash totals $196,363. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02538, East Wareham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,149 (100%) |
| Owner Occupied HU | 1,408 (65.5%) |
| Renter Occupied HU | 440 (20.5%) |
| Vacant Housing Units | 301 (14.0%) |
| Median Home Value | $427,027 |
| Average Home Value | $459,382 |
Housing Distribution
Address Breakdown
Residential
1,836
Single Family
1,561
Multi-Family
275
Businesses
179
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Listed by: Jamie Fortes • Amaral & Associates Real Estate
Mls Name: CCIMLS
Mls ID: #22503814