72 Derby St, Salem, MA, 01970 | 4.86% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
5 Bath
5703 sft

28 Martin Rd, Reading, MA, 01867

7 Bed
2 Bath
2640 sft

39-39 Park St #41, Woburn, MA, 01801

1 Bed
1 Bath
848 sft

3531 Washington St UNIT 419, Boston, MA, 02130

2 Bed
1 Bath
916 sft

285 Corey Rd APT 7, Boston, MA, 02135

Nearby investment properties with comparable prices

5 Bed
1 Bath
2119 sft

10 Gerry Rd, Lynnfield, MA, 01940

2 Bed
2 Bath
1450 sft

320 Martins Lndg #409, North Reading, MA, 01864

2 Bed
1 Bath
935 sft

65-67 Porter Rd UNIT 1, Cambridge, MA, 02140

6 Bed
3 Bath
2537 sft

15 2nd St, Hull, MA, 02045

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Salem at 72 Derby St, Salem, MA, 01970 with 5% annual appreciation on a $989,000 basis while $4,003/mo rent supports operations. 83% in year one. Equity gained on principal adds $6,382/yr, and five-year appreciation sums $273,242 alongside rental yield of 4.86%. Five-year ROI measures 59.66% and total cumulative return in cash totals $194,118. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,003/mo property income versus a $4,841/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 1915

2,544 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01970, Salem, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,846 (100%)
Owner Occupied HU	10,263 (49.2%)
Renter Occupied HU	9,561 (45.9%)
Vacant Housing Units	1,022 ( 4.9%)
Median Home Value	$626,422
Average Home Value	$665,116