17 Ferry RdMethuenMA01844
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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 Methuen at 17 Ferry Rd, Methuen, MA, 01844 offers $4,752/mo rent that, after a $3,426/mo payment, leaves $340/mo cash flow. Total monthly income is $4,752/mo, and annual cash flow is $4,082/yr on $230,300 cash. Return on cash invested measures 21.83% in year one, and rental yield stands at 8.15% at a $699,999 entry. Equity gained on principal adds $4,517/yr while 5% annual appreciation compounds into $193,397 by year five. Five-year ROI records 113.29% and total cumulative return in cash reaches $260,895. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,752/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1.98 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
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Listed by: Daniel Laterowicz • LDL Realty, LLC
Mls Name: MLS PIN
Mls ID: #73433806