287 Park StWrenthamMA02093
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 287 Park St, Wrentham, MA, 02093 in Wrentham. At $589,900 it earns $4,248/mo in rent and distributes $530/mo to the owner after the $2,653/mo payment, a consistent 8.64% yield. DSCR 1.60 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $162,978 in value; $5,433/yr in principal paydown compounds ownership stake. Total projected return: $258,100.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.2% |
| Monthly Cash Flow | $530 | $400 |
City averages based on Wrentham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,248 |
| Total Monthly Debt Service | $3,483 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Corcoran • Keller Williams Elite
Mls Name: MLS PIN
Mls ID: #73468879