63 Lippold St, Methuen, MA, 01844 | 7.06% Rental Yield

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

Total monthly income runs $5,881/mo, and a $4,890/mo payment. Purchase price stands at $999,000, and rental yield measures 7.06% with $5,881/mo rent. Return on cash invested shows 18.54% in year one, and 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 95.64% and total cumulative return in cash records $314,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,881/mo property income covering a $4,890/mo payment rather than investor’s personal income.

Single Family

Built in 2009

1.30 Acres lot

$N/A/sqft

No HOA

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