2 New Meadow Ln, Topsfield, MA, 01983 | 3.84% Rental Yield

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2 New Meadow Ln, Topsfield, MA, 01983 | 3.84% Rental Yield | 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

Total monthly income runs $5,117/mo, and a $7,826/mo payment. Purchase price stands at $1,599,000, and rental yield measures 3.84% with $5,117/mo rent. Return on cash invested shows 8.88% in year one, and 5% annual appreciation builds toward $441,774 over five years. Five-year ROI reaches 43.75% and total cumulative return in cash records $226,669. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,117/mo property income covering a $7,826/mo payment rather than investor’s personal income.

Single Family

Built in 1997

2.03 Acres lot

$N/A/sqft

No HOA

More details about the property

Set in one of Topsfields most premier neighborhoods, this custom-built colonial in Ferncroft Estates offers elegance, comfort & craftsmanship. Sited on 2 acres on a cul-de-sac, the home welcomes you with a grand foyer & thoughtfully designed open floor plan for everyday living & entertaining. Highlights include high ceilings, hardwd floors, oversized Andersen windows, 2 FP, chefs kitchen w/center island, cozy dining nook & access to deck & enclosed porch. Formal living & dining rooms are enhanced by a stylish coffee/cocktail bar. 1st fl office w/custom built-ins. The primary bdrm is a spacious retreat featuring an oversized marble ensuite bath & 2 his & her walk-in closets. 2nd floor offers an exercise room, guest suite w/private bath and 2 additional bedrooms w/walk-in closets & shared Jack-&-Jill bath. There is an unfinished walk out basement w/windows waiting to be transformed. Located in Masconomet School District, it has easy access to shopping, highways, dining & golf. A gem!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01983, Topsfield, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,756 (100%)
Owner Occupied HU	2,413 (87.6%)
Renter Occupied HU	254 ( 9.2%)
Vacant Housing Units	89 ( 3.2%)
Median Home Value	$876,738
Average Home Value	$938,995