45 Main St APT 24WarehamMA02571
Nearby investment properties with comparable rents
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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 45 Main St APT 24, Wareham, MA, 02571 generates $2,359/mo in rent, after a $1,884/mo payment. Total monthly income is $2,359/mo. Return on cash invested sits at 14.53% in year one, and rental yield is 7.35% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 75.86% and total cumulative return in cash sums $96,814. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,359/mo property income rather than buyer’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
$505 monthly 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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