13 Cherry StreetWarehamMA02571
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 Wareham at 13 Cherry Street, Wareham, MA, 02571 priced at $495,000 pairs $3,803/mo rent with $683/mo cash flow after a $2,423/mo payment. Total monthly income equals $3,803/mo, and annual cash flow comes to $8,194/yr on $164,093 invested. Return on cash invested is 24.9% in year one, and rental yield stands at 9.22% on a $495,000 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,759 by year five. Five-year ROI measures 129.76% and total cumulative return in cash reaches $212,926. For financing, Ziffy Mortgage’s DSCR program evaluates $3,803/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
9,147 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janet M Maxim • Cape Landing Real Estate
Mls Name: CCIMLS
Mls ID: #22505463