40 East StTopsfieldMA01983
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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
Total monthly income runs $3,180/mo, and a $4,989/mo payment. Purchase price stands at $1,019,300, and rental yield measures 3.74% with $3,180/mo rent. Return on cash invested shows 8.58% in year one, and 5% annual appreciation builds toward $281,614 over five years. Five-year ROI reaches 42.15% and total cumulative return in cash records $139,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,180/mo property income covering a $4,989/mo payment rather than investor’s personal income.
Single Family
Built in 1958
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01983, Topsfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,756 (100%) |
| Owner Occupied HU | 2,413 (87.6%) |
| Renter Occupied HU | 254 ( 9.2%) |
| Vacant Housing Units | 89 ( 3.2%) |
| Median Home Value | $876,738 |
| Average Home Value | $938,995 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,110
Multi-Family
200
Businesses
408
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Listed by: N/A • N/A
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Mls ID: #N/A