95 Preston StWakefieldMA01880
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 Wakefield at 95 Preston St, Wakefield, MA, 01880 earns $455/mo cash flow from $6,127/mo rent with a $4,405/mo payment. Total monthly income totals $6,127/mo, and annual cash flow totals $5,454/yr on $296,100 capital. ROI tracks 21.9% on current figures, and rental yield reads 8.17% at a $899,999 purchase. Equity gained on principal adds $5,808/yr, and 5% annual appreciation supports $248,653 over five years. Five-year ROI reaches 113.65% and total cumulative return in cash sums $336,503. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,127/mo property income instead of your personal income.
Multi Family
Built in 1920
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01880, Wakefield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,722 (100%) |
| Owner Occupied HU | 7,861 (67.1%) |
| Renter Occupied HU | 3,361 (28.7%) |
| Vacant Housing Units | 500 ( 4.3%) |
| Median Home Value | $739,351 |
| Average Home Value | $784,333 |
Housing Distribution
Address Breakdown
Residential
11,280
Single Family
8,920
Multi-Family
2,360
Businesses
1,330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Bill Butler Group • Leading Edge Real Estate
Mls Name: MLS PIN
Mls ID: #73427763