24 Merrimac Way UNIT GTyngsboroMA01879
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 Tyngsboro at 24 Merrimac Way UNIT G, Tyngsboro, MA, 01879 priced at $405,900 pairs $3,121/mo rent with $562/mo cash flow after a $1,987/mo payment. Total monthly income equals $3,121/mo, and annual cash flow comes to $6,748/yr on $134,556 invested. Return on cash invested is 24.92% in year one, and rental yield stands at 9.23% on a $405,900 basis. Equity gained on principal adds $2,619/yr, and 5% annual appreciation accumulates to $112,143 by year five. Five-year ROI measures 129.89% and total cumulative return in cash reaches $174,776. For financing, Ziffy Mortgage’s DSCR program evaluates $3,121/mo property income against a $1,987/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01879, Tyngsboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,716 (100%) |
| Owner Occupied HU | 3,829 (81.2%) |
| Renter Occupied HU | 710 (15.1%) |
| Vacant Housing Units | 177 ( 3.8%) |
| Median Home Value | $628,150 |
| Average Home Value | $706,772 |
Housing Distribution
Address Breakdown
Residential
4,688
Single Family
3,916
Multi-Family
772
Businesses
473
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Helen Lukash • Keller Williams Realty Boston Northwest
Mls Name: MLS PIN
Mls ID: #73466882