1 Atkinson Dr APT 3SaugusMA01906
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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
Rental property for sale in Saugus at 1 Atkinson Dr APT 3, Saugus, MA, 01906 priced at $319,000 pairs $2,270/mo rent with $260/mo cash flow after a $1,561/mo payment. Total monthly income equals $2,270/mo, and annual cash flow comes to $3,117/yr on $105,749 invested. Return on cash invested is 22.86% in year one, and rental yield stands at 8.54% on a $319,000 basis. Equity gained on principal adds $2,058/yr, and 5% annual appreciation accumulates to $88,134 by year five. Five-year ROI measures 118.8% and total cumulative return in cash reaches $125,629. For financing, Ziffy Mortgage’s DSCR program evaluates $2,270/mo property income against a $1,561/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01906, Saugus, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,289 (100%) |
| Owner Occupied HU | 8,365 (68.1%) |
| Renter Occupied HU | 3,110 (25.3%) |
| Vacant Housing Units | 814 ( 6.6%) |
| Median Home Value | $657,725 |
| Average Home Value | $695,891 |
Housing Distribution
Address Breakdown
Residential
11,228
Single Family
9,393
Multi-Family
1,835
Businesses
913
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Listed by: Bob Trodden • RE/MAX 360
Mls Name: MLS PIN
Mls ID: #73450108