7 Mystic StMethuenMA01844
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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 Methuen at 7 Mystic St, Methuen, MA, 01844 listed at $469,900 pairs $3,572/mo rent with a $2,300/mo payment to leave $610/mo cash flow. Total monthly income runs $3,572/mo, and annual cash flow reaches $7,323/yr on $155,772 cash to close. Return on cash invested measures 24.61% in year one, and rental yield registers 9.12% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 128.21% and total cumulative return in cash totals $199,718. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,572/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
6,700 sqft 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 |
Housing Distribution
Address Breakdown
Residential
19,427
Single Family
16,057
Multi-Family
3,370
Businesses
1,274
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Listed by: Olivares Molina TEAM • Realty One Group Nest
Mls Name: MLS PIN
Mls ID: #73466445