2 Melville Pl, Wayland, MA, 01778 | 5.85% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
2 Bath
1285 sft

240 Devonshire St #5111, Boston, MA, 02110

3 Bed
3 Bath
2116 sft

20 Lansdowne Rd, Arlington, MA, 02474

3 Bed
2 Bath
1923 sft

70 Cecilian Ave, Revere, MA, 02151

1 Bed
2 Bath
1330 sft

240 Devonshire St #4504, Boston, MA, 02110

Nearby investment properties with comparable prices

2 Bed
3 Bath
2252 sft

13 Sandtrap Cir #14, Walpole, MA, 02081

4 Bed
2 Bath
2268 sft

415 Arlington St, Acton, MA, 01720

2 Bed
1 Bath
935 sft

65-67 Porter Rd UNIT 1, Cambridge, MA, 02140

5 Bed
2 Bath
1800 sft

180 Davis St, Quincy, MA, 02170

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Wayland at 2 Melville Pl, Wayland, MA, 01778 with 5% annual appreciation on a $989,000 basis while $4,818/mo rent supports operations. 84% in year one. Equity gained on principal adds $6,382/yr, and five-year appreciation sums $273,242 alongside rental yield of 5.85%. Five-year ROI measures 75.78% and total cumulative return in cash totals $246,570. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,818/mo property income versus a $4,841/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1952

10,000 sqft 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