37 Shore AveWarehamMA02571
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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 Wareham at 37 Shore Ave, Wareham, MA, 02571 generates $2,879/mo in rent and, after a $1,566/mo payment, leaves $862/mo in cash flow. Total monthly income is $2,879/mo, and annual cash flow is $10,350/yr on $106,047 invested. Return on cash invested sits at 29.67% in year one, and rental yield is 10.8% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 155.35% and total cumulative return in cash sums $164,744. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,879/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
2,130 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02571, Wareham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,074 (100%) |
| Owner Occupied HU | 3,541 (58.3%) |
| Renter Occupied HU | 1,250 (20.6%) |
| Vacant Housing Units | 1,283 (21.1%) |
| Median Home Value | $599,211 |
| Average Home Value | $634,201 |
Housing Distribution
Address Breakdown
Residential
5,176
Single Family
4,820
Multi-Family
356
Businesses
418
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Listed by: Diana Ferreira • Neighbors Realty Group, LLC
Mls Name: MLS PIN
Mls ID: #73420233