245 Salem RdDracutMA01826
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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
Investment property for sale in Dracut at 245 Salem Rd, Dracut, MA, 01826 earns $300/mo cash flow from $6,539/mo rent with a $4,845/mo payment. Total monthly income totals $6,539/mo, and annual cash flow totals $3,598/yr on $325,681 capital. ROI tracks 21.17% on current figures, and rental yield reads 7.93% at a $989,912 purchase. Equity gained on principal adds $6,388/yr, and 5% annual appreciation supports $273,494 over five years. Five-year ROI reaches 109.69% and total cumulative return in cash sums $357,244. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,539/mo property income instead of your personal income.
Single Family
Built in 2019
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01826, Dracut, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,294 (100%) |
| Owner Occupied HU | 9,378 (76.3%) |
| Renter Occupied HU | 2,610 (21.2%) |
| Vacant Housing Units | 306 ( 2.5%) |
| Median Home Value | $597,498 |
| Average Home Value | $691,354 |
Housing Distribution
Address Breakdown
Residential
12,141
Single Family
10,573
Multi-Family
1,568
Businesses
770
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Listed by: Nicole Baker • Keller Williams Realty Evolution
Mls Name: MLS PIN
Mls ID: #73472797