4 Joseph StEast 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
Investment property for sale in East Wareham at 4 Joseph St, East Wareham, MA, 02538 offers a 8.24% rental yield on a $210,000 purchase with $1,442/mo rent. Total monthly income registers $1,442/mo, and a $1,028/mo payment leaves $118/mo available for distribution. Annual cash flow reaches $1,419/yr on $69,615 to close, and return on cash invested stands at 21.95% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 113.98% and total cumulative return in cash at $79,348. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,442/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1984
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: Lynn Ellis • Lamacchia Realty, Inc
Mls Name: MLS PIN
Mls ID: #73426375