8 Meridian 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
Investment property for sale in Wenham at 8 Meridian Rd, Wenham, MA, 01984 at $739,000 posts ROI 15.3% with from $3,694/mo rent. Total monthly income equals $3,694/mo. Return on cash invested measures 15.3% and rental yield reads 6% at the current $739,000. Equity gained on principal adds $4,769/yr, and 5% annual appreciation supports $204,172 by year five. Five-year ROI prints 78.27% and total cumulative return in cash totals $190,304. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,694/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.25 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: Shannon Barror • Keller Williams Realty Evolution
Mls Name: MLS PIN
Mls ID: #73434903