320 Martins Lndg #110, North Reading, MA, 01864 | 4.57% Rental Yield

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 $2,154/mo, and a $2,767/mo payment. Purchase price stands at $565,400, and rental yield measures 4.57% with $2,154/mo rent. Return on cash invested shows 10.97% in year one, and 5% annual appreciation builds toward $156,210 over five years. Five-year ROI reaches 55.01% and total cumulative return in cash records $102,333. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,154/mo property income covering a $2,767/mo payment rather than investor’s personal income.

Condo

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01864, North Reading, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,083 (100%)
Owner Occupied HU	4,921 (80.9%)
Renter Occupied HU	932 (15.3%)
Vacant Housing Units	230 ( 3.8%)
Median Home Value	$798,032
Average Home Value	$871,513