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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Wilmington at 12 Draper Dr, Wilmington, MA, 01887 priced at $799,000 converts $4,456/mo rent into after a $3,911/mo obligation. Total monthly income equals $4,456/mo. Return on cash invested prints 17.41% in year one, and rental yield reads 6.69% against a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation compiles into $220,749 by year five. Five-year ROI reaches 89.56% and total cumulative return in cash sums $235,422. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,456/mo property income covering a $3,911/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.51 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Listed for sale | $799,000 |
| 2006-05-12 | Sold | $425,000 |
| 2000-06-07 | Sold | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $8084.00 | 6.82% | $707,300 | 11.60% |
| 2023-04-09 | $7568.00 | 4.98% | $633,800 | 14.55% |
| 2022-04-09 | $7209.00 | 1.68% | $553,300 | 8.00% |
Listed by: Kim Mulligan • Realty Direct Somerville
Mls Name: MLS PIN
Mls ID: #73354226
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