1 Green St UNIT 2MarbleheadMA01945
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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 Marblehead at 1 Green St UNIT 2, Marblehead, MA, 01945 generates $2,827/mo in rent and, after a $1,664/mo payment, leaves $684/mo in cash flow. Total monthly income is $2,827/mo, and annual cash flow is $8,210/yr on $112,710 invested. Return on cash invested sits at 27.19% in year one, and rental yield is 9.98% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 142.08% and total cumulative return in cash sums $160,134. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,827/mo property income rather than buyer’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01945, Marblehead, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,975 (100%) |
| Owner Occupied HU | 6,644 (74.0%) |
| Renter Occupied HU | 1,712 (19.1%) |
| Vacant Housing Units | 619 ( 6.9%) |
| Median Home Value | $959,132 |
| Average Home Value | $1,107,514 |
Housing Distribution
Address Breakdown
Residential
8,778
Single Family
8,126
Multi-Family
652
Businesses
936
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Listed by: Jeanne Rankin • Fathom Realty MA
Mls Name: MLS PIN
Mls ID: #73422640