16 Fairway Dr #16TopsfieldMA01983
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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 Topsfield at 16 Fairway Dr #16, Topsfield, MA, 01983 earns from $3,180/mo rent with a $4,772/mo payment. Total monthly income totals $3,180/mo. ROI tracks 8.97% on current figures, and rental yield reads 3.91% at a $975,000 purchase. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 over five years. Five-year ROI reaches 44.28% and total cumulative return in cash sums $142,035. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,180/mo property income instead of your personal income.
Townhouse
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01983, Topsfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,756 (100%) |
| Owner Occupied HU | 2,413 (87.6%) |
| Renter Occupied HU | 254 ( 9.2%) |
| Vacant Housing Units | 89 ( 3.2%) |
| Median Home Value | $876,738 |
| Average Home Value | $938,995 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,110
Multi-Family
200
Businesses
408
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Listed by: Kathleen Cyrier • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73470210