916-918 Chestnut StWabanMA02468
Nearby investment properties with comparable rents
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
Investment property for sale in Waban at 916-918 Chestnut St, Waban, MA, 02468 offers a 6.57% rental yield on a $1,300,000 purchase with $7,118/mo rent. 3% in year one. Equity gained on principal adds $8,389/yr while 5% annual appreciation supports $359,166 over five years. Portfolio math shows five-year ROI at 88.94% and total cumulative return in cash at $374,607. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,118/mo property income against a $6,363/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
7,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02468, Waban, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,720 (84.6%) |
| Renter Occupied HU | 253 (12.5%) |
| Vacant Housing Units | 59 ( 2.9%) |
| Median Home Value | $1,636,146 |
| Average Home Value | $1,624,507 |
Housing Distribution
Address Breakdown
Residential
1,961
Single Family
1,918
Multi-Family
43
Businesses
111
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Listed by: AD Advisors Team • Block Realty
Mls Name: MLS PIN
Mls ID: #73400920