20 Marshall StNorth ReadingMA01864
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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
Rental property for sale in North Reading at 20 Marshall St, North Reading, MA, 01864 priced at $1,249,000 pairs $5,516/mo rent with after a $6,113/mo payment. Total monthly income equals $5,516/mo. Return on cash invested is 13.38% in year one, and rental yield stands at 5.3% on a $1,249,000 basis. Equity gained on principal adds $8,060/yr, and 5% annual appreciation accumulates to $345,076 by year five. Five-year ROI measures 67.9% and total cumulative return in cash reaches $274,775. For financing, Ziffy Mortgage’s DSCR program evaluates $5,516/mo property income against a $6,113/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.47 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01864, North Reading, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,083 (100%) |
| Owner Occupied HU | 4,921 (80.9%) |
| Renter Occupied HU | 932 (15.3%) |
| Vacant Housing Units | 230 ( 3.8%) |
| Median Home Value | $798,032 |
| Average Home Value | $871,513 |
Housing Distribution
Address Breakdown
Residential
6,018
Single Family
5,174
Multi-Family
844
Businesses
612
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Listed by: Kimberly O'Neil Mara • Century 21 North East
Mls Name: MLS PIN
Mls ID: #73433017