45 Hoover St, Dracut, MA, 01826 | $586/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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45 Hoover St, Dracut, MA, 01826 | $586/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dracut at 45 Hoover St, Dracut, MA, 01826 with 5% annual appreciation on a $439,900 basis while $3,359/mo rent supports operations. Total monthly income totals $3,359/mo and a $2,153/mo payment preserves $586/mo for cash returns. Annual cash flow comes to $7,038/yr on $145,827 deployed, and return on cash invested reaches 24.74% in year one. Equity gained on principal adds $2,839/yr, and five-year appreciation sums $121,536 alongside rental yield of 9.16%. Five-year ROI measures 128.88% and total cumulative return in cash totals $187,947.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,359/mo property income versus a $2,153/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1936

5,000 sqft lot

$N/A/sqft

No HOA

More details about the property

WELCOME HOME to this well-maintained 2-bed, 2 full bath property ideal for first-time home buyers or those looking to downsize. Since 2012, numerous updates have been completed, including a renovated kitchen, 2 updated baths, new flooring, ceilings, walls, 200amp service, touch faucet, convection double oven, soft-close kitchen drawers, Harvey windows, vinyl siding & recently painted interior.. 2 bedrooms were thoughtfully combined to create a spacious primary suite with a walk-in closet & private bath. Add'l improvements include newer roof (6 years), side deck (5 years), hot water tank (4 years), & the option to connect to a tankless hot water system. The open-concept layout features a kitchen that flows seamlessly to the living room, with an adjacent dining area leading to a 12 x 8 composite deck. Hardwood floors run throughout the home. The 0.11-acre lot is fully fenced with a gate that allows vehicle access & includes a large shed,& 14 x 14 screened house,

Neighborhood Data

Neighborhood data shown for ZIP Code: 01826, Dracut, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,294 (100%)
Owner Occupied HU	9,378 (76.3%)
Renter Occupied HU	2,610 (21.2%)
Vacant Housing Units	306 ( 2.5%)
Median Home Value	$597,498
Average Home Value	$691,354