48 Cordis StWakefieldMA01880
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
Investment Highlights
Investment property for sale in Wakefield at 48 Cordis St, Wakefield, MA, 01880 at $933,800 posts ROI 13.01% with from $4,080/mo rent. Total monthly income equals $4,080/mo. Return on cash invested measures 13.01% and rental yield reads 5.24% at the current $933,800. Equity gained on principal adds $6,026/yr, and 5% annual appreciation supports $257,992 by year five. Five-year ROI prints 65.96% and total cumulative return in cash totals $202,635. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,080/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A