3030 Cranberry Hwy LOT 11East WarehamMA02538
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
Investment Highlights
Rental property for sale in East Wareham at 3030 Cranberry Hwy LOT 11, East Wareham, MA, 02538 generates $1,454/mo in rent and, after a $905/mo payment, leaves $288/mo in cash flow. Total monthly income is $1,454/mo, and annual cash flow is $3,462/yr on $61,328 invested. Return on cash invested sits at 25.55% in year one, and rental yield is 9.43% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 133.3% and total cumulative return in cash sums $81,747. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,454/mo property income rather than buyer’s personal income.
Manufactured
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02538, East Wareham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,149 (100%) |
| Owner Occupied HU | 1,408 (65.5%) |
| Renter Occupied HU | 440 (20.5%) |
| Vacant Housing Units | 301 (14.0%) |
| Median Home Value | $427,027 |
| Average Home Value | $459,382 |
Housing Distribution
Address Breakdown
Residential
1,836
Single Family
1,561
Multi-Family
275
Businesses
179
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: June R. Johnson • Johnson Bayside Real Estate
Mls Name: MLS PIN
Mls ID: #73438469