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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Methuen at 49 Nevins Rd, Methuen, MA, 01844 offers $3,095/mo rent that, after a $2,349/mo payment, leaves $70/mo cash flow. Total monthly income is $3,095/mo, and annual cash flow is $842/yr on $159,087 cash. Return on cash invested measures 20.44% in year one, and rental yield stands at 7.74% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 105.84% and total cumulative return in cash reaches $168,381. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,095/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01844, Methuen, MA area.
| 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 |
Residential
19,427
Single Family
16,057
Multi-Family
3,370
Businesses
1,274
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Shayna LoPriore • Berkshire Hathaway HomeServices Verani Realty
Mls Name: MLS PIN
Mls ID: #73420598
