15 Perley StMethuenMA01844
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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
Investment Highlights
Investment property for sale in Methuen at 15 Perley St, Methuen, MA, 01844 with 5% annual appreciation on a $484,000 basis while $3,228/mo rent supports operations. Total monthly income totals $3,228/mo and a $2,369/mo payment preserves $177/mo for cash returns. Annual cash flow comes to $2,128/yr on $160,446 deployed, and return on cash invested reaches 21.24% in year one. Equity gained on principal adds $3,123/yr, and five-year appreciation sums $133,720 alongside rental yield of 8%. Five-year ROI measures 110.12% and total cumulative return in cash totals $176,676.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,228/mo property income versus a $2,369/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
5,998 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: Stacey Caruso • Advisors Living - Merrimac
Mls Name: MLS PIN
Mls ID: #73414406
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