31 White RdWaylandMA01778
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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 Wayland at 31 White Rd, Wayland, MA, 01778 priced at $1,198,000 converts $5,953/mo rent into after a $5,864/mo obligation. Total monthly income equals $5,953/mo. Return on cash invested prints 15.43% in year one, and rental yield reads 5.96% against a $1,198,000 entry. Equity gained on principal adds $7,731/yr, while 5% annual appreciation compiles into $330,985 by year five. Five-year ROI reaches 78.87% and total cumulative return in cash sums $306,127. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,953/mo property income covering a $5,864/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01778, Wayland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,364 (100%) |
| Owner Occupied HU | 4,555 (84.9%) |
| Renter Occupied HU | 506 ( 9.4%) |
| Vacant Housing Units | 303 ( 5.6%) |
| Median Home Value | $1,028,402 |
| Average Home Value | $1,136,903 |
Housing Distribution
Address Breakdown
Residential
5,429
Single Family
4,968
Multi-Family
461
Businesses
405
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Listed by: Eileen Balicki • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73447360