56 Little Nahant RdNahantMA01908
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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 Nahant at 56 Little Nahant Rd, Nahant, MA, 01908 offers $4,249/mo rent that, after a $3,896/mo payment. Total monthly income is $4,249/mo. Return on cash invested measures 16.54% in year one, and rental yield stands at 6.41% at a $796,000 entry. Equity gained on principal adds $5,136/yr while 5% annual appreciation compounds into $219,920 by year five. Five-year ROI records 84.89% and total cumulative return in cash reaches $222,324. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,249/mo property income versus a $3,896/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
4,617 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01908, Nahant, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,675 (100%) |
| Owner Occupied HU | 1,131 (67.5%) |
| Renter Occupied HU | 414 (24.7%) |
| Vacant Housing Units | 130 ( 7.8%) |
| Median Home Value | $866,007 |
| Average Home Value | $993,212 |
Housing Distribution
Address Breakdown
Residential
1,636
Single Family
1,417
Multi-Family
219
Businesses
82
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Listed by: Catherine M. Walton • Nahant Associates, Inc.
Mls Name: MLS PIN
Mls ID: #73422799