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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Wakefield at 276 Albion St APT 1, Wakefield, MA, 01880 uses $105,815 cash to close to unlock $20,706/yr annual cash flow and $1,725/mo monthly cash flow. Total monthly income runs $3,737/mo, and a $1,562/mo payment keeps the spread at $1,725/mo. Purchase price stands at $319,200, and rental yield measures 14.05% with $3,737/mo rent. Return on cash invested shows 39.48% in year one, and 5% annual appreciation builds toward $88,189 over five years. Five-year ROI reaches 207.93% and total cumulative return in cash records $220,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,737/mo property income covering a $1,562/mo payment rather than investor’s personal income.
Condo
Built in 1975
100 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01880, Wakefield, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,722 (100%) |
| Owner Occupied HU | 7,861 (67.1%) |
| Renter Occupied HU | 3,361 (28.7%) |
| Vacant Housing Units | 500 ( 4.3%) |
| Median Home Value | $739,351 |
| Average Home Value | $784,333 |
Residential
11,280
Single Family
8,920
Multi-Family
2,360
Businesses
1,330
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
