46 Yale AveWakefieldMA01880
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 Wakefield at 46 Yale Ave, Wakefield, MA, 01880 offers $1,440/mo rent that, after a $4,732/mo payment. Total monthly income is $1,440/mo. Return on cash invested measures 2.5% in year one, and rental yield stands at 1.79% at a $966,800 entry. Equity gained on principal adds $6,239/yr while 5% annual appreciation compounds into $267,109 by year five. Five-year ROI records 9.63% and total cumulative return in cash reaches $30,620. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $4,732/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1880
3,869 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01880, Wakefield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,722 (100%) |
| Owner Occupied HU | 7,861 (67.1%) |
| Renter Occupied HU | 3,361 (28.7%) |
| Vacant Housing Units | 500 ( 4.3%) |
| Median Home Value | $739,351 |
| Average Home Value | $784,333 |
Housing Distribution
Address Breakdown
Residential
11,280
Single Family
8,920
Multi-Family
2,360
Businesses
1,330
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Listed by: N/A • N/A
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