4 Allen LnIpswichMA01938
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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 Ipswich at 4 Allen Ln, Ipswich, MA, 01938 priced at $623,800 pairs $4,200/mo rent with $268/mo cash flow after a $3,053/mo payment. Total monthly income equals $4,200/mo, and annual cash flow comes to $3,222/yr on $205,230 invested. Return on cash invested is 21.63% in year one, and rental yield stands at 8.08% on a $623,800 basis. Equity gained on principal adds $4,025/yr, and 5% annual appreciation accumulates to $172,344 by year five. Five-year ROI measures 112.2% and total cumulative return in cash reaches $230,264. For financing, Ziffy Mortgage’s DSCR program evaluates $4,200/mo property income against a $3,053/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01938, Ipswich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 4,449 (67.4%) |
| Renter Occupied HU | 1,664 (25.2%) |
| Vacant Housing Units | 489 ( 7.4%) |
| Median Home Value | $847,148 |
| Average Home Value | $923,822 |
Housing Distribution
Address Breakdown
Residential
6,328
Single Family
5,299
Multi-Family
1,029
Businesses
594
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Listed by: N/A • N/A
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Mls ID: #N/A