52 Starboard Dr #36HWarehamMA02558
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 52 Starboard Dr #36H, Wareham, MA, 02558 in Wareham the bet is firmly on appreciation. Rental yield 5.34%. The 5.34% gross yield on a $619,900 price is below income-first thresholds, but 5%/yr value growth projects $171,267 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.99) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $161,571.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 7.0% |
| Monthly Cash Flow | $(1,147) | $250 |
City averages based on Wareham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,760 |
| Total Monthly Debt Service | $3,660 |
| DSCR Ratio | 0.75x |
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.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02558, Onset, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,714 (100%) |
| Owner Occupied HU | 719 (41.9%) |
| Renter Occupied HU | 340 (19.8%) |
| Vacant Housing Units | 655 (38.2%) |
| Median Home Value | $459,578 |
| Average Home Value | $517,194 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
52
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
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02558, Onset, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,714 (100%) |
| Owner Occupied HU | 719 (41.9%) |
| Renter Occupied HU | 340 (19.8%) |
| Vacant Housing Units | 655 (38.2%) |
| Median Home Value | $459,578 |
| Average Home Value | $517,194 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Fanning • Ellington Realty
Mls Name: MLS PIN
Mls ID: #73451483