15 Wallis DrWenhamMA01984
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 15 Wallis Dr, Wenham, MA, 01984 in Wenham at $1,399,000, 4.28% gross yield, is a market-growth asset. Rental yield 4.28%. The $4,993/mo rent partially funds the $6,291/mo debt service; the core return is the 5%/yr price growth projected to add $386,518 over five years. Ziffy Mortgage's DSCR mortgage (0.79) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $208,607.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 5.2% |
| Monthly Cash Flow | $(5,099) | $500 |
City averages based on Wenham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,993 |
| Total Monthly Debt Service | $9,535 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
$999 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01984, Wenham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,505 (100%) |
| Owner Occupied HU | 1,230 (81.7%) |
| Renter Occupied HU | 212 (14.1%) |
| Vacant Housing Units | 63 ( 4.2%) |
| Median Home Value | $879,764 |
| Average Home Value | $967,724 |
Housing Distribution
Address Breakdown
Residential
1,451
Single Family
1,289
Multi-Family
162
Businesses
107
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
Townhouse
Built in 2007
N/A lot
$N/A/sqft
$999 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01984, Wenham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,505 (100%) |
| Owner Occupied HU | 1,230 (81.7%) |
| Renter Occupied HU | 212 (14.1%) |
| Vacant Housing Units | 63 ( 4.2%) |
| Median Home Value | $879,764 |
| Average Home Value | $967,724 |
Housing Distribution
Address Breakdown
Residential
1,451
Single Family
1,289
Multi-Family
162
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices