2697 Cranberry Highway APT 21WarehamMA02571
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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 Wareham at 2697 Cranberry Highway APT 21, Wareham, MA, 02571 offers a 10.11% rental yield on a $379,000 purchase with $3,194/mo rent. Total monthly income registers $3,194/mo, and a $1,855/mo payment leaves $805/mo available for distribution. Annual cash flow reaches $9,663/yr on $125,639 to close, and return on cash invested stands at 27.6% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 144.25% and total cumulative return in cash at $181,235. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,194/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
N/A 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: Krystal Paquin • William Raveis Real Estate & Home Services
Mls Name: CCIMLS
Mls ID: #22600216