2 Horne St, Methuen, MA, 01844 | $1,569/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2 Horne St, Methuen, MA, 01844 | $1,569/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Methuen at 2 Horne St, Methuen, MA, 01844 with 5% annual appreciation on a $479,000 basis while $4,588/mo rent supports operations. Total monthly income totals $4,588/mo and a $2,344/mo payment preserves $1,569/mo for cash returns. Annual cash flow comes to $18,833/yr on $158,789 deployed, and return on cash invested reaches 31.77% in year one. Equity gained on principal adds $3,091/yr, and five-year appreciation sums $132,339 alongside rental yield of 11.49%. Five-year ROI measures 166.61% and total cumulative return in cash totals $264,555.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,588/mo property income versus a $2,344/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1949

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover your new home in the heart of Methuen! This one-of-a-kind property sits on a generous 0.25-acre lot, offering rare suburban space while remaining close to all conveniences. A private garage and fenced-in yard provide privacy and security, with additional street parking for guests or extra vehicles. Inside, enjoy a spacious, well-laid-out interior with plenty of room and flexibility. Whether youre creating a cozy home or an entertainers haven, the possibilities are endless. Located just off Broadway, youre minutes from The Loop with over 30 shops, restaurants, and a movie theater, as well as nearby parks, walking trails, and the Methuen Rail Trail. Commuters will appreciate easy access to I-93 and I-495, connecting you to Boston, Manchester/NH, and the Merrimack Valley. This home perfectly blends privacy, space, and convenience a rare opportunity in a vibrant neighborhood.

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