240 Larch RowWenhamMA01984
Nearby investment properties with comparable rents
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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 Wenham at 240 Larch Row, Wenham, MA, 01984 at $1,025,000 posts ROI 13.29% with from $4,501/mo rent. Total monthly income equals $4,501/mo. Return on cash invested measures 13.29% and rental yield reads 5.27% at the current $1,025,000. Equity gained on principal adds $6,614/yr, and 5% annual appreciation supports $283,189 by year five. Five-year ROI prints 67.41% and total cumulative return in cash totals $223,852. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,501/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01984, Wenham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,505 (100%) |
| Owner Occupied HU | 1,230 (81.7%) |
| Renter Occupied HU | 212 (14.1%) |
| Vacant Housing Units | 63 ( 4.2%) |
| Median Home Value | $879,764 |
| Average Home Value | $967,724 |
Housing Distribution
Address Breakdown
Residential
1,451
Single Family
1,289
Multi-Family
162
Businesses
107
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Listed by: Team Blue • ERA Key Realty Services
Mls Name: MLS PIN
Mls ID: #73446396