508 Central StSaugusMA01906
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Saugus at 508 Central St, Saugus, MA, 01906 offers $4,428/mo rent that, after a $2,943/mo payment, leaves $638/mo cash flow. Total monthly income is $4,428/mo, and annual cash flow is $7,660/yr on $197,795 cash. Return on cash invested measures 23.93% in year one, and rental yield stands at 8.84% at a $601,200 entry. Equity gained on principal adds $3,879/yr while 5% annual appreciation compounds into $166,100 by year five. Five-year ROI records 124.54% and total cumulative return in cash reaches $246,340. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,428/mo property income versus a $2,943/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1890
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01906, Saugus, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,289 (100%) |
| Owner Occupied HU | 8,365 (68.1%) |
| Renter Occupied HU | 3,110 (25.3%) |
| Vacant Housing Units | 814 ( 6.6%) |
| Median Home Value | $657,725 |
| Average Home Value | $695,891 |
Housing Distribution
Address Breakdown
Residential
11,228
Single Family
9,393
Multi-Family
1,835
Businesses
913
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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