1 Knollwood RdMarbleheadMA01945
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
Rental property for sale in Marblehead at 1 Knollwood Rd, Marblehead, MA, 01945 generates $3,625/mo in rent, after a $6,118/mo payment. Total monthly income is $3,625/mo. Return on cash invested sits at 7.77% in year one, and rental yield is 3.48% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 37.79% and total cumulative return in cash sums $153,037. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,625/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
4,604 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Sarkis Team • Douglas Elliman Real Estate - The Sarkis Team
Mls Name: MLS PIN
Mls ID: #73465580