14 Ballard StSaugusMA01906
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 14 Ballard St, Saugus, MA, 01906 generates $3,761/mo in rent, after a $3,079/mo payment. Total monthly income is $3,761/mo. Return on cash invested sits at 18.88% in year one, and rental yield is 7.18% on a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 97.45% and total cumulative return in cash sums $201,669. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,761/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
4,513 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ann Marie Wilcox • Berkshire Hathaway HomeServices Commonwealth Real Estate
Mls Name: MLS PIN
Mls ID: #73401419