16 13th AvenueWarehamMA02571
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow16 13th Avenue, Wareham, MA, 02571 in Wareham earns its strong cash-flow label: 10.87% yield, $3,797/mo rent, $1,156/mo net income, DSCR 2.02. The $419,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $115,762 by year five. Combined with $3,859/yr in principal paydown, total projected return reaches $233,481.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 7.0% |
| Monthly Cash Flow | $1,156 | $250 |
City averages based on Wareham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,797 |
| Total Monthly Debt Service | $2,474 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1976
4,791 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
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
Single Family
Built in 1976
4,791 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