64 Linebrook RdIpswichMA01938
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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 Ipswich at 64 Linebrook Rd, Ipswich, MA, 01938 priced at $799,900 converts $5,152/mo rent into $110/mo cash flow after a $3,915/mo obligation. Total monthly income equals $5,152/mo, and annual cash flow totals $1,326/yr on $263,167 invested. Return on cash invested prints 20.56% in year one, and rental yield reads 7.73% against a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $220,998 by year five. Five-year ROI reaches 106.47% and total cumulative return in cash sums $280,200. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,152/mo property income covering a $3,915/mo payment, not borrower’s personal income.
Single Family
Built in 1920
1.22 Acres 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
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Listed by: John McCarthy • Rowley Realty
Mls Name: MLS PIN
Mls ID: #73385568