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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in North Reading at 35 Peter Rd, North Reading, MA, 01864 offers a 8.98% rental yield on a $518,400 purchase with $3,881/mo rent. Total monthly income registers $3,881/mo, and a $2,537/mo payment leaves $514/mo available for distribution. Annual cash flow reaches $6,170/yr on $170,554 to close, and return on cash invested stands at 23.68% in year one. Equity gained on principal adds $3,345/yr while 5% annual appreciation supports $143,224 over five years. Portfolio math shows five-year ROI at 123.45% and total cumulative return in cash at $210,541. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,881/mo property income against a $2,537/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01864, North Reading, MA area.
| 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 |
Residential
6,018
Single Family
5,174
Multi-Family
844
Businesses
612
Date | Event | Price |
|---|---|---|
| 2025-06-10 | Listing removed | N/A |
| 2025-06-09 | Listed for sale | $699,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $6848.00 | 2.67% | $518,400 | 8.72% |
| 2023-10-19 | $6670.00 | 1.11% | $476,800 | 8.41% |
| 2022-10-19 | $6597.00 | -2.05% | $439,800 | 2.07% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
