134 Nahant St #BWakefieldMA01880
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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 Wakefield at 134 Nahant St #B, Wakefield, MA, 01880 generates $5,062/mo in rent and, after a $3,817/mo payment, leaves $147/mo in cash flow. Total monthly income is $5,062/mo, and annual cash flow is $1,760/yr on $256,587 invested. Return on cash invested sits at 20.75% in year one, and rental yield is 7.79% on a $779,900 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation builds toward $215,472 over five years. Five-year ROI reaches 107.45% and total cumulative return in cash sums $275,697. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,062/mo property income rather than buyer’s personal income.
Townhouse
Built in 2004
8,002 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01880, Wakefield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,722 (100%) |
| Owner Occupied HU | 7,861 (67.1%) |
| Renter Occupied HU | 3,361 (28.7%) |
| Vacant Housing Units | 500 ( 4.3%) |
| Median Home Value | $739,351 |
| Average Home Value | $784,333 |
Housing Distribution
Address Breakdown
Residential
11,280
Single Family
8,920
Multi-Family
2,360
Businesses
1,330
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Listed by: North Star Group • LAER Realty Partners
Mls Name: MLS PIN
Mls ID: #73434646