3040 Cranberry Highway #34East WarehamMA02538
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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 East Wareham at 3040 Cranberry Highway #34, East Wareham, MA, 02538 generates $1,285/mo in rent and, after a $807/mo payment, leaves $246/mo in cash flow. Total monthly income is $1,285/mo, and annual cash flow is $2,949/yr on $54,664 invested. Return on cash invested sits at 25.3% in year one, and rental yield is 9.35% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 131.96% and total cumulative return in cash sums $72,136. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,285/mo property income rather than buyer’s personal income.
Manufactured
Built in 1971
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
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Listed by: Stephanie Thompson • Fathom Realty MA
Mls Name: MLS PIN
Mls ID: #73465487