20 Bayside AvenueWarehamMA02571
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 Wareham at 20 Bayside Avenue, Wareham, MA, 02571 generates $3,217/mo in rent and, after a $1,958/mo payment, leaves $683/mo in cash flow. Total monthly income is $3,217/mo, and annual cash flow is $8,198/yr on $132,600 invested. Return on cash invested sits at 26.09% in year one, and rental yield is 9.65% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 136.22% and total cumulative return in cash sums $180,628. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,217/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
8,276 sqft lot
$N/A/sqft
$150 annually 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
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Nearby investment properties with comparable prices
Listed by: Todd Movsessian • Barrett Sotheby's International Realty
Mls Name: CCIMLS
Mls Provider:
Mls ID: #22503561
Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS, Inc. includes the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. This site was last updated 2022-04-05 08:58:10 PDT. All properties are subject to prior sale, changes, or withdrawal. Copyright 2022 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.