11 Sumner Rd, Salem, MA, 01970 | 5.97% Rental Yield

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

Investment property for sale in Salem at 11 Sumner Rd, Salem, MA, 01970 offers a 5.97% rental yield on a $849,900 purchase with $4,226/mo rent. 21% in year one. Equity gained on principal adds $5,484/yr while 5% annual appreciation supports $234,812 over five years. Portfolio math shows five-year ROI at 77.75% and total cumulative return in cash at $217,406. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,226/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1942

7,876 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01970, Salem, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,846 (100%)
Owner Occupied HU	10,263 (49.2%)
Renter Occupied HU	9,561 (45.9%)
Vacant Housing Units	1,022 ( 4.9%)
Median Home Value	$626,422
Average Home Value	$665,116