6 Barker St, Methuen, MA, 01844 | $722/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6 Barker St, Methuen, MA, 01844 | $722/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Methuen at 6 Barker St, Methuen, MA, 01844 with 5% annual appreciation on a $575,000 basis while $4,346/mo rent supports operations. Total monthly income totals $4,346/mo and a $2,814/mo payment preserves $722/mo for cash returns. Annual cash flow comes to $8,667/yr on $189,175 deployed, and return on cash invested reaches 24.64% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 9.07%. Five-year ROI measures 128.35% and total cumulative return in cash totals $242,807.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,346/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1900

5,001 sqft lot

$N/A/sqft

No HOA

More details about the property

Step into timeless charm with this beautiful Colonial in Methuen! Ideally located just minutes from downtown, this spacious home is filled with natural light, character, and classic details. The welcoming hallway opens to a sun-filled living room with hardwood floors and pocket doors, a formal dining room with built-in storage, and a spacious kitchen with ample cabinetry, as well as a bonus room that could be used for casual dining, a family room, or a play area. Two staircases lead upstairs to a full bath and three generously sized bedrooms, with two additional bedrooms on the third floorperfect for a large family, guests, or flexible living space. Well-maintained and in move-in condition, this home offers the ideal opportunity to add your personal touch while enjoying classic New England charm.

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