8 Madeline StEast WarehamMA02538
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Nearby investment properties with comparable prices
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 Madeline St, East Wareham, MA, 02538 priced at $189,900 pairs $1,491/mo rent with $295/mo cash flow after a $929/mo payment. Total monthly income equals $1,491/mo, and annual cash flow comes to $3,535/yr on $62,952 invested. Return on cash invested is 25.52% in year one, and rental yield stands at 9.42% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 133.12% and total cumulative return in cash reaches $83,801. For financing, Ziffy Mortgage’s DSCR program evaluates $1,491/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1972
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: Annette Clang • Gateway Realty
Mls Name: MLS PIN
Mls ID: #73348745
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