26 Mohawk St, Danvers, MA, 01923 | 7.54% Rental Yield

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26 Mohawk St, Danvers, MA, 01923 | 7.54% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $5,339/mo, and a $4,160/mo payment. Purchase price stands at $849,900, and rental yield measures 7.54% with $5,339/mo rent. Return on cash invested shows 19.98% in year one, and 5% annual appreciation builds toward $234,812 over five years. Five-year ROI reaches 103.37% and total cumulative return in cash records $289,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,339/mo property income covering a $4,160/mo payment rather than investor’s personal income.

Single Family

Built in 1968

0.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 26 Mohawk St. This Split Level home is on a corner lot in a desirable neighborhood close to St. John's Prep and Rt. 1. It has plenty to offer including a stunning fenced in backyard. In your private paradise you will find an In Ground Pool, Patio, Garden and Gazebo. Inside you will find plenty of natural light in your Vaulted Ceiling Great Room with Wooden beams and a working Wood Stove. Found through the Great Room Double Sliding doors is a Deck that leads to the Patio and Pool. Full Kitchen with a pantry that opens into the dining room. Spacious Primary Bedroom with its own private Bathroom. Ample amounts of Closet Space. On the lower level not only will you find another kitchen but another Living Room with a working fireplace and another full Bath. 1 Car Attached Garage with a Bulkhead that leads to the backyard. New Roof (2025) and Central Air Conditioning.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01923, Danvers, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,985 (100%)
Owner Occupied HU	8,185 (68.3%)
Renter Occupied HU	3,242 (27.1%)
Vacant Housing Units	558 ( 4.7%)
Median Home Value	$677,909
Average Home Value	$714,250