24 Appleton LnBoxfordMA01921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Boxford at 24 Appleton Ln, Boxford, MA, 01921 priced at $1,979,000 converts $6,908/mo rent into after a $9,686/mo obligation. Total monthly income equals $6,908/mo. Return on cash invested prints 9.95% in year one, and rental yield reads 4.19% against a $1,979,000 entry. Equity gained on principal adds $12,770/yr, while 5% annual appreciation compiles into $546,761 by year five. Five-year ROI reaches 49.51% and total cumulative return in cash sums $317,474. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,908/mo property income covering a $9,686/mo payment, not borrower’s personal income.
Single Family
Built in 1993
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01921, Boxford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,825 (100%) |
| Owner Occupied HU | 2,645 (93.6%) |
| Renter Occupied HU | 112 ( 4.0%) |
| Vacant Housing Units | 68 ( 2.4%) |
| Median Home Value | $926,506 |
| Average Home Value | $1,012,037 |
Housing Distribution
Address Breakdown
Residential
2,747
Single Family
2,622
Multi-Family
125
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Team Lillian Montalto • Lillian Montalto Signature Properties
Mls Name: MLS PIN
Mls ID: #73415236