32 Towne LnTopsfieldMA01983
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
Rental property for sale in Topsfield at 32 Towne Ln, Topsfield, MA, 01983 generates $3,180/mo in rent, after a $4,498/mo payment. Total monthly income is $3,180/mo. Return on cash invested sits at 9.69% in year one, and rental yield is 4.15% on a $919,000 entry. Equity gained on principal adds $5,930/yr, while 5% annual appreciation builds toward $253,903 over five years. Five-year ROI reaches 48.17% and total cumulative return in cash sums $145,633. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,180/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01983, Topsfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,756 (100%) |
| Owner Occupied HU | 2,413 (87.6%) |
| Renter Occupied HU | 254 ( 9.2%) |
| Vacant Housing Units | 89 ( 3.2%) |
| Median Home Value | $876,738 |
| Average Home Value | $938,995 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,110
Multi-Family
200
Businesses
408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea O'Reilly • Keller Williams Realty Evolution
Mls Name: MLS PIN
Mls ID: #73408634