15 Linda AveMethuenMA01844
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 Methuen at 15 Linda Ave, Methuen, MA, 01844 priced at $549,200 pairs $4,664/mo rent with $1,203/mo cash flow after a $2,688/mo payment. Total monthly income equals $4,664/mo, and annual cash flow comes to $14,430/yr on $180,687 invested. Return on cash invested is 28.05% in year one, and rental yield stands at 10.19% on a $549,200 basis. Equity gained on principal adds $3,544/yr, and 5% annual appreciation accumulates to $151,734 by year five. Five-year ROI measures 146.6% and total cumulative return in cash reaches $264,887. For financing, Ziffy Mortgage’s DSCR program evaluates $4,664/mo property income against a $2,688/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.25 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dianne Moore • Leading Edge Real Estate
Mls Name: MLS PIN
Mls ID: #73420463