6 Mayfair Ct UNIT 6IpswichMA01938
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 Ipswich at 6 Mayfair Ct UNIT 6, Ipswich, MA, 01938 priced at $569,900 pairs $3,420/mo rent with after a $2,789/mo payment. Total monthly income equals $3,420/mo. Return on cash invested is 18.96% in year one, and rental yield stands at 7.2% on a $569,900 basis. Equity gained on principal adds $3,677/yr, and 5% annual appreciation accumulates to $157,453 by year five. Five-year ROI measures 97.9% and total cumulative return in cash reaches $183,558. For financing, Ziffy Mortgage’s DSCR program evaluates $3,420/mo property income against a $2,789/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01938, Ipswich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 4,449 (67.4%) |
| Renter Occupied HU | 1,664 (25.2%) |
| Vacant Housing Units | 489 ( 7.4%) |
| Median Home Value | $847,148 |
| Average Home Value | $923,822 |
Housing Distribution
Address Breakdown
Residential
6,328
Single Family
5,299
Multi-Family
1,029
Businesses
594
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Meegan • J. Barrett & Company
Mls Name: MLS PIN
Mls ID: #73453965