15-15A Park St #A, North Reading, MA, 01864 | 2.09% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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15-15A Park St #A, North Reading, MA, 01864 | 2.09% Rental Yield | 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 North Reading at 15-15A Park St #A, North Reading, MA, 01864 offers a 2.09% rental yield on a $1,399,000 purchase with $2,437/mo rent. 48% in year one. Equity gained on principal adds $9,028/yr while 5% annual appreciation supports $386,518 over five years. Portfolio math shows five-year ROI at 14.79% and total cumulative return in cash at $67,037. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,437/mo property income against a $6,847/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Introducing a masterpiece of modern living where luxury meets functionality across four thoughtfully designed levels. This isn't just new construction - it's your family's future, crafted with precision and built for generations. Stunning attention to detail customized with top tier materials includes multiple fireplaces, built ins, hardwood flooring, tiled baths and a perfectly designed kitchen with abundant cabinetry. This home was designed with real families in mind. Multi-generational living? Absolutely. Home office plus guest suite? Done. Space for both intimate gatherings and grand celebrations? You've got it all. Looking to live in the Batchelder School District, you got it! This home elevates your entire lifestyle while setting your children up for academic success. The sprawling 13k sq ft lot means your outdoor aspirations can match your indoor luxury. Think outdoor entertaining, garden sanctuaries, or simply letting the kids (and grandkids) run free. This is perfection!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01864, North Reading, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,083 (100%)
Owner Occupied HU	4,921 (80.9%)
Renter Occupied HU	932 (15.3%)
Vacant Housing Units	230 ( 3.8%)
Median Home Value	$798,032
Average Home Value	$871,513