2 Lydon Ln #A1HalifaxMA02338
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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
Investment property for sale in Halifax at 2 Lydon Ln #A1, Halifax, MA, 02338 with 5% annual appreciation on a $359,900 basis while $3,224/mo rent supports operations. Total monthly income totals $3,224/mo and a $1,762/mo payment preserves $955/mo for cash returns. Annual cash flow comes to $11,462/yr on $119,307 deployed, and return on cash invested reaches 29.52% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 10.75%. Five-year ROI measures 154.55% and total cumulative return in cash totals $184,394.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,224/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02338, Halifax, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,196 (100%) |
| Owner Occupied HU | 2,886 (90.3%) |
| Renter Occupied HU | 218 ( 6.8%) |
| Vacant Housing Units | 92 ( 2.9%) |
| Median Home Value | $502,126 |
| Average Home Value | $495,590 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
3,043
Multi-Family
27
Businesses
181
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Listed by: Natalia Maccarrone • RE/MAX Platinum
Mls Name: MLS PIN
Mls ID: #73445974