20 Caroline Ave, Ipswich, MA, 01938 | 5.58% Rental Yield

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

Rental property for sale in Ipswich at 20 Caroline Ave, Ipswich, MA, 01938 generates $3,979/mo in rent, after a $4,185/mo payment. Total monthly income is $3,979/mo. Return on cash invested sits at 14.04% in year one, and rental yield is 5.58% on a $855,000 entry. Equity gained on principal adds $5,517/yr, while 5% annual appreciation builds toward $236,221 over five years. Five-year ROI reaches 71.5% and total cumulative return in cash sums $201,139. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,979/mo property income rather than buyer’s personal income.

Single Family

Built in 1957

0.38 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01938, Ipswich, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,602 (100%)
Owner Occupied HU	4,449 (67.4%)
Renter Occupied HU	1,664 (25.2%)
Vacant Housing Units	489 ( 7.4%)
Median Home Value	$847,148
Average Home Value	$923,822