65 Poplar StGloucesterMA01930
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 Gloucester at 65 Poplar St, Gloucester, MA, 01930 priced at $531,300 pairs $3,720/mo rent with $372/mo cash flow after a $2,600/mo payment. Total monthly income equals $3,720/mo, and annual cash flow comes to $4,461/yr on $174,798 invested. Return on cash invested is 22.61% in year one, and rental yield stands at 8.4% on a $531,300 basis. Equity gained on principal adds $3,428/yr, and 5% annual appreciation accumulates to $146,788 by year five. Five-year ROI measures 117.45% and total cumulative return in cash reaches $205,303. For financing, Ziffy Mortgage’s DSCR program evaluates $3,720/mo property income against a $2,600/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01930, Gloucester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,315 (100%) |
| Owner Occupied HU | 8,361 (54.6%) |
| Renter Occupied HU | 5,133 (33.5%) |
| Vacant Housing Units | 1,821 (11.9%) |
| Median Home Value | $750,301 |
| Average Home Value | $875,713 |
Housing Distribution
Address Breakdown
Residential
14,283
Single Family
13,392
Multi-Family
891
Businesses
1,243
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A