16 Elm St, Ipswich, MA, 01938 | 4.94% Rental Yield

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 Ipswich at 16 Elm St, Ipswich, MA, 01938 with 5% annual appreciation on a $945,000 basis while $3,887/mo rent supports operations. 08% in year one. Equity gained on principal adds $6,098/yr, and five-year appreciation sums $261,086 alongside rental yield of 4.94%. Five-year ROI measures 60.96% and total cumulative return in cash totals $189,520. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,887/mo property income versus a $4,625/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1830

5,100 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01938, Ipswich, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,602 (100%)
Owner Occupied HU	4,449 (67.4%)
Renter Occupied HU	1,664 (25.2%)
Vacant Housing Units	489 ( 7.4%)
Median Home Value	$847,148
Average Home Value	$923,822