62 E Plain St, Wayland, MA, 01778 | $80/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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62 E Plain St, Wayland, MA, 01778 | $80/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wayland at 62 E Plain St, Wayland, MA, 01778 with 5% annual appreciation on a $685,000 basis while $4,398/mo rent supports operations. Total monthly income totals $4,398/mo and a $3,353/mo payment preserves $80/mo for cash returns. Annual cash flow comes to $963/yr on $225,365 deployed, and return on cash invested reaches 20.49% in year one. Equity gained on principal adds $4,420/yr, and five-year appreciation sums $189,253 alongside rental yield of 7.7%. Five-year ROI measures 106.07% and total cumulative return in cash totals $239,050.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,398/mo property income versus a $3,353/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1890

0.37 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled in the charming Village of Cochituate in the town of Wayland, Massachusetts, this single-family residence at 62 East Plain St presents a unique opportunity to own the perfectly situated property. Property is 100 yards from Wayland Middle school, short walk to ball fields, Cochituate Village shops, Town Beach and Lake Cochituate. This property offers the canvas to craft a comfortable home. The residence features three bedrooms, and over a Third of an acre providing ample space for rest and relaxation. The expansive 16117 square foot lot and green-house offers endless possibilities for outdoor enjoyment, patio, fire-pit, gardening etc.... Built in 1890. The home carries the charm of a bygone era while still being situated in a perfect walking and commuting Locale. Do not miss the chance to acquire this property and make it your dream home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01778, Wayland, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,364 (100%)
Owner Occupied HU	4,555 (84.9%)
Renter Occupied HU	506 ( 9.4%)
Vacant Housing Units	303 ( 5.6%)
Median Home Value	$1,028,402
Average Home Value	$1,136,903