46-48 Cypress Ave, Methuen, MA, 01844 | $995/mo Cash Flow

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46-48 Cypress Ave, Methuen, MA, 01844 | $995/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 Methuen at 46-48 Cypress Ave, Methuen, MA, 01844 listed at $699,000 pairs $5,400/mo rent with a $3,421/mo payment to leave $995/mo cash flow. Total monthly income runs $5,400/mo, and annual cash flow reaches $11,935/yr on $229,971 cash to close. Return on cash invested measures 25.25% in year one, and rental yield registers 9.27% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 131.61% and total cumulative return in cash totals $302,654. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,400/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1925

5,001 sqft lot

$N/A/sqft

No HOA

More details about the property

Well priced two family home located conveniently to shops, restaurants, major highways and routes is the perfect starter investment home! Second floor features 4 bedrooms and 2 bathrooms which will be delivered vacant. First floor features 3 bedrooms with a comfortable layout. Parking for 4 cars and ready for your final touches! GROUP SHOWING AUGUST 14, 5-6PM. BUYERS MUST BE ACCOMPANIED BY THEIR AGENTS

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