41 Essex StWenhamMA01984
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 41 Essex St, Wenham, MA, 01984 in Wenham aligned with their strategy. Rental yield 6.11%. DSCR 1.13 and 6.11% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $8,980/yr in paydown build toward a projected cumulative return of $294,113.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 5.2% |
| Monthly Cash Flow | $(1,182) | $500 |
City averages based on Wenham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,963 |
| Total Monthly Debt Service | $5,757 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01984, Wenham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,505 (100%) |
| Owner Occupied HU | 1,230 (81.7%) |
| Renter Occupied HU | 212 (14.1%) |
| Vacant Housing Units | 63 ( 4.2%) |
| Median Home Value | $879,764 |
| Average Home Value | $967,724 |
Housing Distribution
Address Breakdown
Residential
1,451
Single Family
1,289
Multi-Family
162
Businesses
107
Nearby investment properties with comparable rents
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
Single Family
Built in 1965
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01984, Wenham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,505 (100%) |
| Owner Occupied HU | 1,230 (81.7%) |
| Renter Occupied HU | 212 (14.1%) |
| Vacant Housing Units | 63 ( 4.2%) |
| Median Home Value | $879,764 |
| Average Home Value | $967,724 |
Housing Distribution
Address Breakdown
Residential
1,451
Single Family
1,289
Multi-Family
162
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ted Richard • J. Barrett & Company
Mls Name: MLS PIN
Mls ID: #73435379