2 Loring Rd, Methuen, MA, 01844 | $1,196/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2 Loring Rd, Methuen, MA, 01844 | $1,196/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 Loring Rd, Methuen, MA, 01844 uses $179,305 cash to close to unlock $14,358/yr annual cash flow and $1,196/mo monthly cash flow. Total monthly income runs $4,632/mo, and a $2,668/mo payment keeps the spread at $1,196/mo. Purchase price stands at $545,000, and rental yield measures 10.2% with $4,632/mo rent. Return on cash invested shows 28.07% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 146.72% and total cumulative return in cash records $263,076. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,632/mo property income covering a $2,668/mo payment rather than investor’s personal income.

Townhouse

Built in 2002

0.37 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this spacious 4 Bedroom and 2.5 Bath Townhouse in Methuen. As you enter, you notice the first floor has a nice living room with gas fireplace, large eat-it kitchen with upgraded appliances and a half bath. Upstairs there are 3 good sized bedrooms with wall to wall carpet and plenty of closet space. A full bath completes the 2nd floor. On the 3rd floor you will find the Primary Bedroom with full ensuite. A bonus room in the basement provides options for further expansion or extra storage. You can also relax in your fenced in private backyard. Don't miss your opportunity to own this spacious and bright well maintained condex townhouse with NO CONDO FEE! Showings begin at the Open Houses on Saturday 7/26 from 10-12 and Sunday 7-27 from 12-2.

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