1 Dennis StPeabodyMA01960
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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 Peabody at 1 Dennis St, Peabody, MA, 01960 priced at $605,600 pairs $2,551/mo rent with after a $2,964/mo payment. Total monthly income equals $2,551/mo. Return on cash invested is 12.44% in year one, and rental yield stands at 5.05% on a $605,600 basis. Equity gained on principal adds $3,908/yr, and 5% annual appreciation accumulates to $167,316 by year five. Five-year ROI measures 62.9% and total cumulative return in cash reaches $125,322. For financing, Ziffy Mortgage’s DSCR program evaluates $2,551/mo property income against a $2,964/mo payment instead of your W2s, 1099s, or Tax returns.
Apartment
Built in 1870
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01960, Peabody, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,336 (100%) |
| Owner Occupied HU | 14,624 (62.7%) |
| Renter Occupied HU | 7,863 (33.7%) |
| Vacant Housing Units | 849 ( 3.6%) |
| Median Home Value | $634,604 |
| Average Home Value | $657,731 |
Housing Distribution
Address Breakdown
Residential
22,180
Single Family
16,670
Multi-Family
5,510
Businesses
1,989
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A