30 Danbury Dr APT 8, Methuen, MA, 01844 | $752/mo Cash Flow

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30 Danbury Dr APT 8, Methuen, MA, 01844 | $752/mo Cash Flow | 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

Investment property for sale in Methuen at 30 Danbury Dr APT 8, Methuen, MA, 01844 earns $752/mo cash flow from $2,422/mo rent with a $1,297/mo payment. Total monthly income totals $2,422/mo, and annual cash flow totals $9,021/yr on $87,848 capital. ROI tracks 30.18% on current figures, and rental yield reads 10.97% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 158.06% and total cumulative return in cash sums $138,855. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,422/mo property income instead of your personal income.

Condo

Built in 1972

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Unit 8 at 30 Danbury Drive in Methuen! This condo has been recently updated in the kitchen and is turnkey for you to move into. The condo features nice hardwood floors, recently refinished and new. Recently re-painted and a great floorplan. With 2 bedrooms this property is ready for you to make your own. One assigned parking space and additional visitor lots. Onsight laundry, and storage. Ease of commuting is a dream at this condo, conveniently located off of the exit on 213. You won't want to miss out.

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