24 Railroad StMethuenMA01844
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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 Methuen at 24 Railroad St, Methuen, MA, 01844 generates $4,308/mo in rent and, after a $3,132/mo payment, leaves $275/mo in cash flow. Total monthly income is $4,308/mo, and annual cash flow is $3,298/yr on $210,527 invested. Return on cash invested sits at 21.63% in year one, and rental yield is 8.08% on a $639,900 entry. Equity gained on principal adds $4,129/yr, while 5% annual appreciation builds toward $176,793 over five years. Five-year ROI reaches 112.17% and total cumulative return in cash sums $236,147. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,308/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01844, Methuen, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,798 (100%) |
| Owner Occupied HU | 13,957 (67.1%) |
| Renter Occupied HU | 6,036 (29.0%) |
| Vacant Housing Units | 805 ( 3.9%) |
| Median Home Value | $562,820 |
| Average Home Value | $564,968 |
Housing Distribution
Address Breakdown
Residential
19,427
Single Family
16,057
Multi-Family
3,370
Businesses
1,274
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Listed by: Olivares Molina TEAM • Realty One Group Nest
Mls Name: MLS PIN
Mls ID: #73457624