1 Riverview Blvd APT 7-204MethuenMA01844
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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 Methuen at 1 Riverview Blvd APT 7-204, Methuen, MA, 01844 uses $137,871 cash to close to unlock $8,775/yr annual cash flow and $731/mo monthly cash flow. Total monthly income runs $3,353/mo, and a $2,036/mo payment keeps the spread at $731/mo. Purchase price stands at $415,900, and rental yield measures 9.67% with $3,353/mo rent. Return on cash invested shows 26.27% in year one, and 5% annual appreciation builds toward $114,906 over five years. Five-year ROI reaches 137.15% and total cumulative return in cash records $189,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,353/mo property income covering a $2,036/mo payment rather than investor’s personal income.
Townhouse
Built in 1999
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
19,427
Single Family
16,057
Multi-Family
3,370
Businesses
1,274
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Listed by: Zolgalys Sanchez • View Real Estate Group
Mls Name: MLS PIN
Mls ID: #73469105