177 Topsfield RdIpswichMA01938
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 177 Topsfield Rd, Ipswich, MA, 01938 in Ipswich delivers $4,038/mo in gross rent and $729/mo in net monthly income at a $525,000 entry. The 9.23% yield and 1.71 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $145,048 over five years and $4,835/yr in equity from loan paydown, total projected return is $246,244.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.2% |
| Monthly Cash Flow | $729 | $400 |
City averages based on Ipswich market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,038 |
| Total Monthly Debt Service | $3,100 |
| DSCR Ratio | 1.30x |
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 1889
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01938, Ipswich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 4,449 (67.4%) |
| Renter Occupied HU | 1,664 (25.2%) |
| Vacant Housing Units | 489 ( 7.4%) |
| Median Home Value | $847,148 |
| Average Home Value | $923,822 |
Housing Distribution
Address Breakdown
Residential
6,328
Single Family
5,299
Multi-Family
1,029
Businesses
594
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 1889
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01938, Ipswich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 4,449 (67.4%) |
| Renter Occupied HU | 1,664 (25.2%) |
| Vacant Housing Units | 489 ( 7.4%) |
| Median Home Value | $847,148 |
| Average Home Value | $923,822 |
Housing Distribution
Address Breakdown
Residential
6,328
Single Family
5,299
Multi-Family
1,029
Businesses
594
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tzortzis Lane Group • Coldwell Banker Realty - Ipswich
Mls Name: MLS PIN
Mls ID: #73421250