6 Cleveland RdWellesleyMA02481
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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
Investment property for sale in Wellesley at 6 Cleveland Rd, Wellesley, MA, 02481 offers a 6.23% rental yield on a $1,182,600 purchase with $6,143/mo rent. 27% in year one. Equity gained on principal adds $7,631/yr while 5% annual appreciation supports $326,731 over five years. Portfolio math shows five-year ROI at 83.36% and total cumulative return in cash at $319,413. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,143/mo property income against a $5,788/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02481, Wellesley Hills, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,433 (100%) |
| Owner Occupied HU | 4,198 (77.3%) |
| Renter Occupied HU | 991 (18.2%) |
| Vacant Housing Units | 244 ( 4.5%) |
| Median Home Value | $1,661,576 |
| Average Home Value | $1,639,857 |
Housing Distribution
Address Breakdown
Residential
5,419
Single Family
4,767
Multi-Family
652
Businesses
808
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #73439162