18 Byron StWakefieldMA01880
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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
Total monthly income runs $5,029/mo, and a $4,111/mo payment. Purchase price stands at $839,900, and rental yield measures 7.19% with $5,029/mo rent. Return on cash invested shows 18.91% in year one, and 5% annual appreciation builds toward $232,049 over five years. Five-year ROI reaches 97.61% and total cumulative return in cash records $269,731. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,029/mo property income covering a $4,111/mo payment rather than investor’s personal income.
Single Family
Built in 1900
9,196 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: Kristin Weekley • Leading Edge Real Estate
Mls Name: MLS PIN
Mls ID: #73418141