169 Berkeley StMethuenMA01844
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 169 Berkeley St, Methuen, MA, 01844 in Methuen is straightforward: $699,900 in, $5,585/mo in rent, $1,173/mo out after debt service. The 9.58% gross yield and 1.77 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $193,369 by year five. With $6,446/yr in principal equity, the total cumulative return is projected at $341,297.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.2% |
| Monthly Cash Flow | $1,173 | $420 |
City averages based on Methuen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,585 |
| Total Monthly Debt Service | $4,133 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01844, Methuen, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,798 (100%) |
| Owner Occupied HU | 13,957 (67.1%) |
| Renter Occupied HU | 6,036 (29.0%) |
| Vacant Housing Units | 805 ( 3.9%) |
| Median Home Value | $562,820 |
| Average Home Value | $564,968 |
Housing Distribution
Address Breakdown
Residential
19,427
Single Family
16,057
Multi-Family
3,370
Businesses
1,274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1980
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01844, Methuen, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,798 (100%) |
| Owner Occupied HU | 13,957 (67.1%) |
| Renter Occupied HU | 6,036 (29.0%) |
| Vacant Housing Units | 805 ( 3.9%) |
| Median Home Value | $562,820 |
| Average Home Value | $564,968 |
Housing Distribution
Address Breakdown
Residential
19,427
Single Family
16,057
Multi-Family
3,370
Businesses
1,274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Vasquez • A&B Realty Group
Mls Name: MLS PIN
Mls ID: #73429296