26 Johanna DrReadingMA01867
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
Investment property for sale in Reading at 26 Johanna Dr, Reading, MA, 01867 listed at $1,089,900 pairs $4,860/mo rent with a $5,335/mo payment. Total monthly income runs $4,860/mo. Return on cash invested measures 13.54% in year one, and rental yield registers 5.35% at a $1,089,900 basis. Equity gained on principal adds $7,033/yr, and annual property appreciation at 5% supports $301,119 by year five. Five-year ROI tracks 68.75% and total cumulative return in cash totals $242,776. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,860/mo property income relative to a $5,335/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01867, Reading, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,228 (100%) |
| Owner Occupied HU | 7,900 (77.2%) |
| Renter Occupied HU | 1,853 (18.1%) |
| Vacant Housing Units | 475 ( 4.6%) |
| Median Home Value | $826,500 |
| Average Home Value | $871,673 |
Housing Distribution
Address Breakdown
Residential
9,969
Single Family
8,063
Multi-Family
1,906
Businesses
726
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: McCaul & Mounsif Real Estate Group • Coldwell Banker Realty - Cambridge
Mls Name: MLS PIN
Mls ID: #73419696