50 Cheever AveDracutMA01826
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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 Dracut at 50 Cheever Ave, Dracut, MA, 01826 priced at $524,900 converts $4,036/mo rent into $728/mo cash flow after a $2,569/mo obligation. Total monthly income equals $4,036/mo, and annual cash flow totals $8,733/yr on $172,692 invested. Return on cash invested prints 25.12% in year one, and rental yield reads 9.23% against a $524,900 entry. Equity gained on principal adds $3,387/yr, while 5% annual appreciation compiles into $145,020 by year five. Five-year ROI reaches 130.88% and total cumulative return in cash sums $226,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,036/mo property income covering a $2,569/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.25 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,141
Single Family
10,573
Multi-Family
1,568
Businesses
770
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Listed by: Brandon Sweeney • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73471134