11 Reservoir Dr, Danvers, MA, 01923 | 7.14% Rental Yield

For Sale

Fix & Flip

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

Investment property for sale in Danvers at 11 Reservoir Dr, Danvers, MA, 01923 earns from $4,315/mo rent with a $3,548/mo payment. Total monthly income totals $4,315/mo. ROI tracks 18.78% on current figures, and rental yield reads 7.14% at a $724,900 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,277 over five years. Five-year ROI reaches 96.93% and total cumulative return in cash sums $231,177. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,315/mo property income instead of your personal income.

Single Family

Built in 1964

0.41 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01923, Danvers, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,985 (100%)
Owner Occupied HU	8,185 (68.3%)
Renter Occupied HU	3,242 (27.1%)
Vacant Housing Units	558 ( 4.7%)
Median Home Value	$677,909
Average Home Value	$714,250