18 Sherman Bridge RdWaylandMA01778
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
Investment Highlights
Rental property for sale in Wayland at 18 Sherman Bridge Rd, Wayland, MA, 01778 priced at $1,500,000 pairs $4,888/mo rent with after a $7,342/mo payment. Total monthly income equals $4,888/mo. Return on cash invested is 9.09% in year one, and rental yield stands at 3.91% on a $1,500,000 basis. Equity gained on principal adds $9,679/yr, and 5% annual appreciation accumulates to $414,422 by year five. Five-year ROI measures 44.9% and total cumulative return in cash reaches $218,231. For financing, Ziffy Mortgage’s DSCR program evaluates $4,888/mo property income against a $7,342/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
0.71 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Reagan • Amo Realty - Boston City Properties
Mls Name: MLS PIN
Mls ID: #73409972