7 Thomas St UNIT J7SaugusMA01906
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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 Saugus at 7 Thomas St UNIT J7, Saugus, MA, 01906 earns $1,041/mo cash flow from $3,800/mo rent with a $1,811/mo payment. Total monthly income totals $3,800/mo, and annual cash flow totals $12,494/yr on $122,655 capital. ROI tracks 30.09% on current figures, and rental yield reads 12.32% at a $370,000 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 159.16% and total cumulative return in cash sums $195,221. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,800/mo property income instead of your personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$420 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01906, Saugus, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,289 (100%) |
| Owner Occupied HU | 8,365 (68.1%) |
| Renter Occupied HU | 3,110 (25.3%) |
| Vacant Housing Units | 814 ( 6.6%) |
| Median Home Value | $657,725 |
| Average Home Value | $695,891 |
Housing Distribution
Address Breakdown
Residential
11,228
Single Family
9,393
Multi-Family
1,835
Businesses
913
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Listed by: Anne MacDonald • Boardwalk Real Estate
Mls Name: MLS PIN
Mls ID: #73401594
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