35 Gooseneck Ln #43SwampscottMA01907
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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
Investment property for sale in Swampscott at 35 Gooseneck Ln #43, Swampscott, MA, 01907 uses $155,772 cash to close to unlock $6,963/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $3,542/mo, and a $2,300/mo payment keeps the spread at $580/mo. Purchase price stands at $469,900, and rental yield measures 9.05% with $3,542/mo rent. Return on cash invested shows 24.38% in year one, and 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 126.98% and total cumulative return in cash records $197,798. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,542/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Townhouse
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01907, Swampscott, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,479 (100%) |
| Owner Occupied HU | 4,642 (71.6%) |
| Renter Occupied HU | 1,533 (23.7%) |
| Vacant Housing Units | 304 ( 4.7%) |
| Median Home Value | $789,972 |
| Average Home Value | $855,233 |
Housing Distribution
Address Breakdown
Residential
6,287
Single Family
4,918
Multi-Family
1,369
Businesses
349
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Listed by: Jody Watts • J. Barrett & Company
Mls Name: MLS PIN
Mls ID: #73419468