98 Main St, Wenham, MA, 01984 | 5.94% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,952/mo, and a $3,911/mo payment. Purchase price stands at $799,000, and rental yield measures 5.94% with $3,952/mo rent. Return on cash invested shows 15.11% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 77.22% and total cumulative return in cash records $202,998. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,952/mo property income covering a $3,911/mo payment rather than investor’s personal income.

Multi Family

Built in 1900

0.92 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