79 Topsfield RdWenhamMA01984
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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
Rental property for sale in Wenham at 79 Topsfield Rd, Wenham, MA, 01984 priced at $729,000 pairs $2,897/mo rent with after a $3,568/mo payment. Total monthly income equals $2,897/mo. Return on cash invested is 11.57% in year one, and rental yield stands at 4.77% on a $729,000 basis. Equity gained on principal adds $4,704/yr, and 5% annual appreciation accumulates to $201,409 by year five. Five-year ROI measures 58.22% and total cumulative return in cash reaches $139,644. For financing, Ziffy Mortgage’s DSCR program evaluates $2,897/mo property income against a $3,568/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01984, Wenham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,505 (100%) |
| Owner Occupied HU | 1,230 (81.7%) |
| Renter Occupied HU | 212 (14.1%) |
| Vacant Housing Units | 63 ( 4.2%) |
| Median Home Value | $879,764 |
| Average Home Value | $967,724 |
Housing Distribution
Address Breakdown
Residential
1,451
Single Family
1,289
Multi-Family
162
Businesses
107
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Listed by: Robin O'Donnell • Keller Williams Realty Evolution
Mls Name: MLS PIN
Mls ID: #73457110