386 Forest StMethuenMA01844
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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
Rental property for sale in Methuen at 386 Forest St, Methuen, MA, 01844 priced at $848,700 pairs $5,400/mo rent with $51/mo cash flow after a $4,154/mo payment. Total monthly income equals $5,400/mo, and annual cash flow comes to $609/yr on $279,222 invested. Return on cash invested is 20.28% in year one, and rental yield stands at 7.64% on a $848,700 basis. Equity gained on principal adds $5,477/yr, and 5% annual appreciation accumulates to $234,480 by year five. Five-year ROI measures 104.94% and total cumulative return in cash reaches $293,013. For financing, Ziffy Mortgage’s DSCR program evaluates $5,400/mo property income against a $4,154/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01844, Methuen, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,798 (100%) |
| Owner Occupied HU | 13,957 (67.1%) |
| Renter Occupied HU | 6,036 (29.0%) |
| Vacant Housing Units | 805 ( 3.9%) |
| Median Home Value | $562,820 |
| Average Home Value | $564,968 |
Housing Distribution
Address Breakdown
Residential
19,427
Single Family
16,057
Multi-Family
3,370
Businesses
1,274
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Listed by: N/A • N/A
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