10 Walker RdTopsfieldMA01983
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 10 Walker Rd, Topsfield, MA, 01983 in Topsfield: $6,494/mo in rent, $891/mo in net income, 8.77% gross yield, 1.62 DSCR, all at $889,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $245,614 in appreciation and $8,188/yr in principal paydown projects total cumulative return of $394,812.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 5.0% |
| Monthly Cash Flow | $891 | $700 |
City averages based on Topsfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,494 |
| Total Monthly Debt Service | $5,250 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01983, Topsfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,756 (100%) |
| Owner Occupied HU | 2,413 (87.6%) |
| Renter Occupied HU | 254 ( 9.2%) |
| Vacant Housing Units | 89 ( 3.2%) |
| Median Home Value | $876,738 |
| Average Home Value | $938,995 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,110
Multi-Family
200
Businesses
408
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
Single Family
Built in 1960
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01983, Topsfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,756 (100%) |
| Owner Occupied HU | 2,413 (87.6%) |
| Renter Occupied HU | 254 ( 9.2%) |
| Vacant Housing Units | 89 ( 3.2%) |
| Median Home Value | $876,738 |
| Average Home Value | $938,995 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,110
Multi-Family
200
Businesses
408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Movement Group • Compass
Mls Name: MLS PIN
Mls ID: #73429038