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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $2,690/mo, and a $2,198/mo payment. Purchase price stands at $449,000, and rental yield measures 7.19% with $2,690/mo rent. Return on cash invested shows 18.78% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 96.93% and total cumulative return in cash records $144,268. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,690/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1730
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01923, Danvers, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,985 (100%) |
| Owner Occupied HU | 8,185 (68.3%) |
| Renter Occupied HU | 3,242 (27.1%) |
| Vacant Housing Units | 558 ( 4.7%) |
| Median Home Value | $677,909 |
| Average Home Value | $714,250 |
Residential
11,546
Single Family
8,892
Multi-Family
2,654
Businesses
1,526
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Victor Paulino • Engel & Volkers By the Sea
Mls Name: MLS PIN
Mls ID: #73384782
