117 Rolling Ridge Ln, Methuen, MA, 01844 | $1,548/mo Cash Flow

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117 Rolling Ridge Ln, Methuen, MA, 01844 | $1,548/mo Cash Flow | Ziffy

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 Methuen at 117 Rolling Ridge Ln, Methuen, MA, 01844 offers a 10.66% rental yield on a $599,900 purchase with $5,329/mo rent. Total monthly income registers $5,329/mo, and a $2,936/mo payment leaves $1,548/mo available for distribution. Annual cash flow reaches $18,578/yr on $197,367 to close, and return on cash invested stands at 29.47% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 154.26% and total cumulative return in cash at $304,468. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,329/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1983

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 117 Rolling Ridge Lane! The perfect blend of convenience and serenity, this home features a recently renovated kitchen, a dining room and living room with brand new hardwood flooring, three generously sized bedrooms and a full bathroom on the main level. Central air keeps you cool! Topping it off is the stunning heated sunroom sanctuary with vaulted ceilings and direct access to a multilevel composite deck. The lower level has wonderfully flexible space for a family room, play room, home office, home gym, man cave, or use for the in-laws! You can have them all, plus extra storage, laundry, and a half bath. Outside, you can enjoy the fresh air and serenity of this quiet location in the oversized yard, or have your morning coffee on the massive deck. Or pull out of your attached garage and be at The Loop in under ten minutes, so shopping, fun, and commuting are a breeze. Don't miss this one!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01844, Methuen, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,798 (100%)
Owner Occupied HU	13,957 (67.1%)
Renter Occupied HU	6,036 (29.0%)
Vacant Housing Units	805 ( 3.9%)
Median Home Value	$562,820
Average Home Value	$564,968