12 Cutting Cross Way UNIT 12, Wayland, MA, 01778 | 4.31% Rental Yield

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12 Cutting Cross Way UNIT 12, Wayland, MA, 01778 | 4.31% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,228/mo, and a $4,400/mo payment. Purchase price stands at $899,000, and rental yield measures 4.31% with $3,228/mo rent. Return on cash invested shows 10.17% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 50.72% and total cumulative return in cash records $150,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,228/mo property income covering a $4,400/mo payment rather than investor’s personal income.

Townhouse

Built in 1995

N/A lot

$N/A/sqft

No HOA

More details about the property

MOVE IN CONDITION! Welcome to The Hill's at Mainstone, a lovely 146-unit townhouse community conveniently located on the southside of Wayland btwn Routes 20 & 30 w/ easy access to Routes 9,16, 95, & 90. This bright & sunny east facing open floor plan "C" unit features 2 bedrooms that live like 3, 3.5 baths & 2 car garage. 1st floor layout includes an open kitchen w/ bar & custom builtins, a generous size family room w/ cathedral ceilings, fireplace & dining area that overlooks a landcaped courtyard. A 1st floor primary bedroom suite includes a double vanity, oversized soaking tub, shower, & closets. A large livingroom leads to an oversize deck ideal for entertaining & grilling. 1st floor laundry. 2nd floor consists of loft /sitting area, bedroom & full bath. Lower walkout level features a windowed office/bedroom, full bath, gameroom, cedar closet & ample storage. Enjoy a parklike community, w/tennis/pickleball, pool, clubhouse & all of the conveniences of suburban living at its finest!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01778, Wayland, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,364 (100%)
Owner Occupied HU	4,555 (84.9%)
Renter Occupied HU	506 ( 9.4%)
Vacant Housing Units	303 ( 5.6%)
Median Home Value	$1,028,402
Average Home Value	$1,136,903