52 High St UNIT 5MethuenMA01844
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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
Investment property for sale in Methuen at 52 High St UNIT 5, Methuen, MA, 01844 with 5% annual appreciation on a $269,900 basis while $1,910/mo rent supports operations. Total monthly income totals $1,910/mo and a $1,321/mo payment preserves $209/mo for cash returns. Annual cash flow comes to $2,507/yr on $89,472 deployed, and return on cash invested reaches 22.71% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,568 alongside rental yield of 8.49%. Five-year ROI measures 118.02% and total cumulative return in cash totals $105,594.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,910/mo property income versus a $1,321/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1930
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
19,427
Single Family
16,057
Multi-Family
3,370
Businesses
1,274
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Listed by: Kate Shaw • Compass
Mls Name: MLS PIN
Mls ID: #73432531