60 Andrew RdSwampscottMA01907
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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 Swampscott at 60 Andrew Rd, Swampscott, MA, 01907 priced at $835,000 pairs $5,112/mo rent with after a $4,087/mo payment. Total monthly income equals $5,112/mo. Return on cash invested is 19.4% in year one, and rental yield stands at 7.35% on a $835,000 basis. Equity gained on principal adds $5,388/yr, and 5% annual appreciation accumulates to $230,695 by year five. Five-year ROI measures 100.25% and total cumulative return in cash reaches $275,392. For financing, Ziffy Mortgage’s DSCR program evaluates $5,112/mo property income against a $4,087/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
5,566 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01907, Swampscott, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,479 (100%) |
| Owner Occupied HU | 4,642 (71.6%) |
| Renter Occupied HU | 1,533 (23.7%) |
| Vacant Housing Units | 304 ( 4.7%) |
| Median Home Value | $789,972 |
| Average Home Value | $855,233 |
Housing Distribution
Address Breakdown
Residential
6,287
Single Family
4,918
Multi-Family
1,369
Businesses
349
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Listed by: Susan Sinrich • Conway - Swampscott
Mls Name: MLS PIN
Mls ID: #73422301