16 Austin Ct #DSaugusMA01906
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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 Saugus at 16 Austin Ct #D, Saugus, MA, 01906 at $309,000 posts ROI 30.93% with $941/mo cash flow from $2,888/mo rent. Total monthly income equals $2,888/mo, and annual cash flow records $11,290/yr on $102,434 to close. Return on cash invested measures 30.93% and rental yield reads 11.22% at the current $309,000. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 by year five. Five-year ROI prints 162.09% and total cumulative return in cash totals $166,037.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,888/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1964
N/A 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
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Listed by: Homegrown Realty Team • Boardwalk Realty Group
Mls Name: MLS PIN
Mls ID: #73435441