266 West St, Reading, MA, 01867 | 6.16% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
1 Bath
1373 sft

9 Lyme St, Salem, MA, 01970

3 Bed
2 Bath
1437 sft

5 Lee Way, Georgetown, MA, 01833

3 Bed
2 Bath
1415 sft

51 Griffin Rd, Framingham, MA, 01701

3 Bed
2 Bath
1832 sft

18 Oakwood Rd, Acton, MA, 01720

Nearby investment properties with comparable prices

3 Bed
2 Bath
1548 sft

175 Lothrop St, Beverly, MA, 01915

4 Bed
3 Bath
2408 sft

5 Main St, Quincy, MA, 02169

2 Bed
2 Bath
1586 sft

320 Martins Lndg #401, North Reading, MA, 01864

3 Bed
2 Bath
1727 sft

9 Cross St, Somerville, MA, 02145

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Reading at 266 West St, Reading, MA, 01867 with 5% annual appreciation on a $999,999 basis while $5,131/mo rent supports operations. 79% in year one. Equity gained on principal adds $6,453/yr, and five-year appreciation sums $276,281 alongside rental yield of 6.16%. Five-year ROI measures 80.86% and total cumulative return in cash totals $266,019. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,131/mo property income versus a $4,895/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1880

0.69 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