104 Main StTopsfieldMA01983
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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
Rental property for sale in Topsfield at 104 Main St, Topsfield, MA, 01983 generates $4,759/mo in rent, after a $6,338/mo payment. Total monthly income is $4,759/mo. Return on cash invested sits at 10.64% in year one, and rental yield is 4.41% on a $1,295,000 entry. Equity gained on principal adds $8,356/yr, while 5% annual appreciation builds toward $357,785 over five years. Five-year ROI reaches 53.19% and total cumulative return in cash sums $223,158. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,759/mo property income rather than buyer’s personal income.
Single Family
Built in 1898
2.53 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
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Listed by: Maritza MacLeod • Churchill Properties
Mls Name: MLS PIN
Mls ID: #73381429
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