35 Snake Brook Rd, Wayland, MA, 01778 | 6.83% Rental Yield

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35 Snake Brook Rd, Wayland, MA, 01778 | 6.83% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Wayland at 35 Snake Brook Rd, Wayland, MA, 01778 priced at $800,000 pairs $4,552/mo rent with after a $3,916/mo payment. Total monthly income equals $4,552/mo. Return on cash invested is 17.82% in year one, and rental yield stands at 6.83% on a $800,000 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $221,025 by year five. Five-year ROI measures 91.78% and total cumulative return in cash reaches $241,568. For financing, Ziffy Mortgage’s DSCR program evaluates $4,552/mo property income against a $3,916/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1955

0.63 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming, turnkey Ranch complete with 3 bedrooms and 2 bathrooms. Lovingly cared for, this home is ready to welcome its next chapter. Enter into a bright and inviting living room with a cozy fireplace, the ideal spot for relaxing evenings. The kitchen features granite countertops, a butcher block breakfast bar, stainless steel appliances, and tile flooring. Enjoy the warmth of hardwood floors throughout the main living areas, while the carpeted family room provides a quiet space to unwind. Each of the 3 bedrooms offers ample closet space, with the primary bedroom featuring its own private half bathroom. Convenient laundry located in the basement. Outside, a wooded yard and private deck create a serene escape - perfect for gatherings or peaceful mornings. The 2-car garage completes the package. Ideally located with easy access to major routes, restaurants and shops. This one is a must see!

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