14 Magna RdMethuenMA01844
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
Investment property for sale in Methuen at 14 Magna Rd, Methuen, MA, 01844 at $649,000 posts ROI 23.87% with $678/mo cash flow from $4,769/mo rent. Total monthly income equals $4,769/mo, and annual cash flow records $8,136/yr on $213,521 to close. Return on cash invested measures 23.87% and rental yield reads 8.82% at the current $649,000. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 by year five. Five-year ROI prints 124.2% and total cumulative return in cash totals $265,188.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,769/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
10,067 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
19,427
Single Family
16,057
Multi-Family
3,370
Businesses
1,274
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Listed by: Moira Vittengl • Compass
Mls Name: MLS PIN
Mls ID: #73466047