32 Maple AveNahantMA01908
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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
Rental property for sale in Nahant at 32 Maple Ave, Nahant, MA, 01908 priced at $649,900 converts $3,821/mo rent into after a $3,181/mo obligation. Total monthly income equals $3,821/mo. Return on cash invested prints 18.52% in year one, and rental yield reads 7.06% against a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,555 by year five. Five-year ROI reaches 95.48% and total cumulative return in cash sums $204,162. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,821/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1930
1,655 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01908, Nahant, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,675 (100%) |
| Owner Occupied HU | 1,131 (67.5%) |
| Renter Occupied HU | 414 (24.7%) |
| Vacant Housing Units | 130 ( 7.8%) |
| Median Home Value | $866,007 |
| Average Home Value | $993,212 |
Housing Distribution
Address Breakdown
Residential
1,636
Single Family
1,417
Multi-Family
219
Businesses
82
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Listed by: Linda Hayes • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73410615