287 Park StWrenthamMA02093
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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
Rental property for sale in Wrentham at 287 Park St, Wrentham, MA, 02093 generates $4,248/mo in rent and, after a $2,887/mo payment, leaves $530/mo in cash flow. Total monthly income is $4,248/mo, and annual cash flow is $6,363/yr on $194,077 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 8.64% on a $589,900 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $162,978 over five years. Five-year ROI reaches 121.37% and total cumulative return in cash sums $235,557. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,248/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02093, Wrentham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,870 (100%) |
| Owner Occupied HU | 3,838 (78.8%) |
| Renter Occupied HU | 736 (15.1%) |
| Vacant Housing Units | 296 ( 6.1%) |
| Median Home Value | $721,036 |
| Average Home Value | $766,350 |
Housing Distribution
Address Breakdown
Residential
4,592
Single Family
4,038
Multi-Family
554
Businesses
537
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Listed by: Laura Corcoran • Keller Williams Elite
Mls Name: MLS PIN
Mls ID: #73468879