1 Riverview Blvd #212, Methuen, MA, 01844 | $810/mo Cash Flow

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Price: $300K - 500K

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1 Riverview Blvd #212, Methuen, MA, 01844 | $810/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Methuen at 1 Riverview Blvd #212, Methuen, MA, 01844 generates $3,330/mo in rent and, after a $1,957/mo payment, leaves $810/mo in cash flow. Total monthly income is $3,330/mo, and annual cash flow is $9,718/yr on $132,567 invested. Return on cash invested sits at 27.24% in year one, and rental yield is 9.99% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 142.3% and total cumulative return in cash sums $188,636. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,330/mo property income rather than buyer’s personal income.

Townhouse

Built in 1989

N/A lot

$N/A/sqft

No HOA

More details about the property

Well-maintained 2 bed, 2.5 bath townhouse condo with river views from almost every room! Spacious open-concept layout perfect for todays lifestyle. Primary suite features vaulted ceilings, an office nook, ample closets, and en suite full bath. Second bedroom also offers a private en suite bath. Pet-friendly community allows 2 pets (dogs under 35 lbs). Conveniently located near highways for easy commuting. A rare opportunity for serene riverfront living!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01844, Methuen, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,798 (100%)
Owner Occupied HU	13,957 (67.1%)
Renter Occupied HU	6,036 (29.0%)
Vacant Housing Units	805 ( 3.9%)
Median Home Value	$562,820
Average Home Value	$564,968