6 Birch Hill AveWakefieldMA01880
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 6 Birch Hill Ave, Wakefield, MA, 01880 offers a 8.17% rental yield on a $629,900 purchase with $4,288/mo rent. Total monthly income registers $4,288/mo, and a $3,083/mo payment leaves $318/mo available for distribution. Annual cash flow reaches $3,815/yr on $207,237 to close, and return on cash invested stands at 21.9% in year one. Equity gained on principal adds $4,065/yr while 5% annual appreciation supports $174,030 over five years. Portfolio math shows five-year ROI at 113.63% and total cumulative return in cash at $235,491. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,288/mo property income against a $3,083/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
6,599 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: Beth Clark • Coldwell Banker Realty - Andovers/Readings Regional
Mls Name: MLS PIN
Mls ID: #73428265