1104 Lewis O Gray Dr #1104SaugusMA01906
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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 Saugus at 1104 Lewis O Gray Dr #1104, Saugus, MA, 01906 generates $4,464/mo in rent and, after a $2,814/mo payment, leaves $840/mo in cash flow. Total monthly income is $4,464/mo, and annual cash flow is $10,083/yr on $189,175 invested. Return on cash invested sits at 25.39% in year one, and rental yield is 9.32% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 132.37% and total cumulative return in cash sums $250,403. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,464/mo property income rather than buyer’s personal income.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01906, Saugus, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,289 (100%) |
| Owner Occupied HU | 8,365 (68.1%) |
| Renter Occupied HU | 3,110 (25.3%) |
| Vacant Housing Units | 814 ( 6.6%) |
| Median Home Value | $657,725 |
| Average Home Value | $695,891 |
Housing Distribution
Address Breakdown
Residential
11,228
Single Family
9,393
Multi-Family
1,835
Businesses
913
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Listed by: Leslie Harding • Classified Realty Group
Mls Name: MLS PIN
Mls ID: #73425984