2 New Meadow LnTopsfieldMA01983
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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
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
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 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,110
Multi-Family
200
Businesses
408
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Listed by: Mary Rossi • Coldwell Banker Realty - Beverly
Mls Name: MLS PIN
Mls ID: #73408089