6 Sim Rd #1SaugusMA01906
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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 Saugus at 6 Sim Rd #1, Saugus, MA, 01906 offers a 7.65% rental yield on a $596,200 purchase with $3,802/mo rent. Total monthly income registers $3,802/mo, and a $2,918/mo payment leaves $44/mo available for distribution. Annual cash flow reaches $532/yr on $196,150 to close, and return on cash invested stands at 20.33% in year one. Equity gained on principal adds $3,847/yr while 5% annual appreciation supports $164,719 over five years. Portfolio math shows five-year ROI at 105.24% and total cumulative return in cash at $206,419. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,802/mo property income against a $2,918/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A 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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Listed by: N/A • N/A
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