8 Alfred StEast WarehamMA02538
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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 East Wareham at 8 Alfred St, East Wareham, MA, 02538 offers $1,444/mo rent that, after a $1,023/mo payment, leaves $127/mo cash flow. Total monthly income is $1,444/mo, and annual cash flow is $1,520/yr on $69,284 cash. Return on cash invested measures 22.1% in year one, and rental yield stands at 8.29% at a $209,000 entry. Equity gained on principal adds $1,349/yr while 5% annual appreciation compounds into $57,743 by year five. Five-year ROI records 114.78% and total cumulative return in cash reaches $79,526. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,444/mo property income versus a $1,023/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02538, East Wareham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,149 (100%) |
| Owner Occupied HU | 1,408 (65.5%) |
| Renter Occupied HU | 440 (20.5%) |
| Vacant Housing Units | 301 (14.0%) |
| Median Home Value | $427,027 |
| Average Home Value | $459,382 |
Housing Distribution
Address Breakdown
Residential
1,836
Single Family
1,561
Multi-Family
275
Businesses
179
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Listed by: Catherine Casoli • Upper Cape Realty Corp.
Mls Name: MLS PIN
Mls ID: #73453534