16 Peabody AveDracutMA01826
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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
Rental property for sale in Dracut at 16 Peabody Ave, Dracut, MA, 01826 offers $3,785/mo rent that, after a $1,957/mo payment, leaves $1,265/mo cash flow. Total monthly income is $3,785/mo, and annual cash flow is $15,178/yr on $132,567 cash. Return on cash invested measures 31.36% in year one, and rental yield stands at 11.36% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 164.37% and total cumulative return in cash reaches $217,904. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,785/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
9,475 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01826, Dracut, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,294 (100%) |
| Owner Occupied HU | 9,378 (76.3%) |
| Renter Occupied HU | 2,610 (21.2%) |
| Vacant Housing Units | 306 ( 2.5%) |
| Median Home Value | $597,498 |
| Average Home Value | $691,354 |
Housing Distribution
Address Breakdown
Residential
12,141
Single Family
10,573
Multi-Family
1,568
Businesses
770
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Listed by: Jackie Theriault • LAER Realty Partners
Mls Name: MLS PIN
Mls ID: #73467889