17 Hastings Way UNIT 17WaylandMA01778
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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
Investment property for sale in Wayland at 17 Hastings Way UNIT 17, Wayland, MA, 01778 offers a 3.73% rental yield on a $1,249,000 purchase with $3,884/mo rent. 54% in year one. Equity gained on principal adds $8,060/yr while 5% annual appreciation supports $345,076 over five years. Portfolio math shows five-year ROI at 41.95% and total cumulative return in cash at $169,751. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,884/mo property income against a $6,113/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01778, Wayland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,364 (100%) |
| Owner Occupied HU | 4,555 (84.9%) |
| Renter Occupied HU | 506 ( 9.4%) |
| Vacant Housing Units | 303 ( 5.6%) |
| Median Home Value | $1,028,402 |
| Average Home Value | $1,136,903 |
Housing Distribution
Address Breakdown
Residential
5,429
Single Family
4,968
Multi-Family
461
Businesses
405
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Listed by: Eileen Balicki • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73445845