4 Wonson StGloucesterMA01930
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Nearby investment properties with comparable prices
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 Gloucester at 4 Wonson St, Gloucester, MA, 01930 earns from $3,605/mo rent with a $5,751/mo payment. Total monthly income totals $3,605/mo. ROI tracks 8.39% on current figures, and rental yield reads 3.68% at a $1,175,000 purchase. Equity gained on principal adds $7,582/yr, and 5% annual appreciation supports $324,631 over five years. Five-year ROI reaches 41.13% and total cumulative return in cash sums $156,586. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,605/mo property income instead of your personal income.
Single Family
Built in 1894
3,477 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01930, Gloucester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,315 (100%) |
| Owner Occupied HU | 8,361 (54.6%) |
| Renter Occupied HU | 5,133 (33.5%) |
| Vacant Housing Units | 1,821 (11.9%) |
| Median Home Value | $750,301 |
| Average Home Value | $875,713 |
Housing Distribution
Address Breakdown
Residential
14,283
Single Family
13,392
Multi-Family
891
Businesses
1,243
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Listed by: Nest | Syndi Zaiger Group • Compass
Mls Name: MLS PIN
Mls ID: #73445648