35 Mason StPeabodyMA01960
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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 Peabody at 35 Mason St, Peabody, MA, 01960 uses $128,916 cash to close to unlock $9,736/yr annual cash flow and $811/mo monthly cash flow. Total monthly income runs $3,262/mo, and a $1,903/mo payment keeps the spread at $811/mo. Purchase price stands at $388,888, and rental yield measures 10.07% with $3,262/mo rent. Return on cash invested shows 27.46% in year one, and 5% annual appreciation builds toward $107,443 over five years. Five-year ROI reaches 143.5% and total cumulative return in cash records $184,999. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,262/mo property income covering a $1,903/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01960, Peabody, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,336 (100%) |
| Owner Occupied HU | 14,624 (62.7%) |
| Renter Occupied HU | 7,863 (33.7%) |
| Vacant Housing Units | 849 ( 3.6%) |
| Median Home Value | $634,604 |
| Average Home Value | $657,731 |
Housing Distribution
Address Breakdown
Residential
22,180
Single Family
16,670
Multi-Family
5,510
Businesses
1,989
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Listed by: Ronda Cogliano • Century 21 North East
Mls Name: MLS PIN
Mls ID: #73415703