4 Gerry StMarbleheadMA01945
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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 Marblehead at 4 Gerry St, Marblehead, MA, 01945 priced at $669,900 pairs $4,237/mo rent with $15/mo cash flow after a $3,279/mo payment. Total monthly income equals $4,237/mo, and annual cash flow comes to $175/yr on $220,397 invested. Return on cash invested is 20.14% in year one, and rental yield stands at 7.59% on a $669,900 basis. Equity gained on principal adds $4,323/yr, and 5% annual appreciation accumulates to $185,081 by year five. Five-year ROI measures 104.2% and total cumulative return in cash reaches $229,653. For financing, Ziffy Mortgage’s DSCR program evaluates $4,237/mo property income against a $3,279/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
5,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01945, Marblehead, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,975 (100%) |
| Owner Occupied HU | 6,644 (74.0%) |
| Renter Occupied HU | 1,712 (19.1%) |
| Vacant Housing Units | 619 ( 6.9%) |
| Median Home Value | $959,132 |
| Average Home Value | $1,107,514 |
Housing Distribution
Address Breakdown
Residential
8,778
Single Family
8,126
Multi-Family
652
Businesses
936
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Listed by: Ann Thomeczek • Keller Williams Realty Evolution
Mls Name: MLS PIN
Mls ID: #73401486