772 Main St #2, Wakefield, MA, 01880 | $518/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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772 Main St #2, Wakefield, MA, 01880 | $518/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 Wakefield at 772 Main St #2, Wakefield, MA, 01880 listed at $849,900 pairs $5,875/mo rent with a $4,160/mo payment to leave $518/mo cash flow. Total monthly income runs $5,875/mo, and annual cash flow reaches $6,217/yr on $279,617 cash to close. Return on cash invested measures 22.28% in year one, and rental yield registers 8.3% at a $849,900 basis. Equity gained on principal adds $5,484/yr, and annual property appreciation at 5% supports $234,812 by year five. Five-year ROI tracks 115.71% and total cumulative return in cash totals $323,534. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,875/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

A rare blend of space, style, and freedom with no condo fee.This 5-bedroom, 3.5-bath home lives like a single-family and has been fully updated with over $50,000 in improvements, including a brand-new kitchen with Bosch appliances, fresh paint throughout, new roof, and a Level 2 EV charger. Every detail has been thoughtfully designed for modern living from the open-concept main level and private deck to the attached garage and extended driveway for extra parking. Perfectly located in Wakefields sought-after Greenwood neighborhood, minutes from shops, schools, parks, and the commuter rail. Seller has already secured their next home and is ready to close quickly nows the time to make your move. At $849,900, this property is priced below comparable homes for a prompt sale. Turnkey, spacious, and fee-free opportunities like this dont last long. Showings begin this week! **Use 15 Green Street for GPS. Access the property via the private road between 15 and 17 Green Street**

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