1 Reed RdPeabodyMA01960
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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
Investment property for sale in Peabody at 1 Reed Rd, Peabody, MA, 01960 with 5% annual appreciation on a $674,900 basis while $4,721/mo rent supports operations. Total monthly income totals $4,721/mo and a $3,303/mo payment preserves $468/mo for cash returns. Annual cash flow comes to $5,610/yr on $222,042 deployed, and return on cash invested reaches 22.59% in year one. Equity gained on principal adds $4,355/yr, and five-year appreciation sums $186,462 alongside rental yield of 8.39%. Five-year ROI measures 117.32% and total cumulative return in cash totals $260,491.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,721/mo property income versus a $3,303/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
10,001 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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Listed by: Jill Colby Re • Good Deeds Realty Partners
Mls Name: MLS PIN
Mls ID: #73437883