16 Cedarwood Ln, Rowley, MA, 01969 | 7.15% Rental Yield

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Price: $300K - 500K

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16 Cedarwood Ln, Rowley, MA, 01969 | 7.15% 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

Rental property for sale in Rowley at 16 Cedarwood Ln, Rowley, MA, 01969 offers $3,547/mo rent that, after a $2,912/mo payment. Total monthly income is $3,547/mo. Return on cash invested measures 18.82% in year one, and rental yield stands at 7.15% at a $595,000 entry. Equity gained on principal adds $3,839/yr while 5% annual appreciation compounds into $164,388 by year five. Five-year ROI records 97.12% and total cumulative return in cash reaches $190,118. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,547/mo property income versus a $2,912/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1959

0.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming six-room open-concept ranch set in a lovely cul-de-sac neighborhood. The heart of the home is the stunning 14'9" x 19' pine-clad cathedral family room, complete with abundant natural light and a warm, inviting feelperfectly open to the kitchen and dining area for easy everyday living and entertaining. A versatile living room or formal dining room with a fireplace offers additional gathering space. The home features two bedrooms with hardwood floors and a full bath with shower. Step outside for easy access to a large, flat yard, ideal for recreation, gardening, or relaxing. The spacious double driveway accommodates at least 4 vehicles comfortably. Additional highlights include: Brand-new 3-bedroom septic system design in process. Seller to escrow funds if needed for installation at closing. 11kW gas generator, Central A/C. Wood stove in family room. Gas heat and cooking. Finished room in the basement with electric heat. Dedicated laundry room.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01969, Rowley, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,451 (100%)
Owner Occupied HU	1,959 (79.9%)
Renter Occupied HU	429 (17.5%)
Vacant Housing Units	63 ( 2.6%)
Median Home Value	$697,498
Average Home Value	$737,471