248 Great Neck RoadWarehamMA02571
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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
Investment property for sale in Wareham at 248 Great Neck Road, Wareham, MA, 02571 offers a 3.04% rental yield on a $1,925,000 purchase with $4,874/mo rent. 4% in year one. Equity gained on principal adds $12,422/yr while 5% annual appreciation supports $531,842 over five years. Portfolio math shows five-year ROI at 30.47% and total cumulative return in cash at $190,036. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,874/mo property income against a $9,422/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
10.20 Acres lot
$N/A/sqft
No 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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Listed by: Tiffany Callahan • Greer Real Estate, LLC
Mls Name: CCIMLS
Mls ID: #22505909