75 Bay View DrSwampscottMA01907
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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 Swampscott at 75 Bay View Dr, Swampscott, MA, 01907 priced at $929,000 converts $6,163/mo rent into $308/mo cash flow after a $4,547/mo obligation. Total monthly income equals $6,163/mo, and annual cash flow totals $3,692/yr on $305,641 invested. Return on cash invested prints 21.27% in year one, and rental yield reads 7.96% against a $929,000 entry. Equity gained on principal adds $5,995/yr, while 5% annual appreciation compiles into $256,666 by year five. Five-year ROI reaches 110.25% and total cumulative return in cash sums $336,956. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,163/mo property income covering a $4,547/mo payment, not borrower’s personal income.
Single Family
Built in 1956
8,917 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01907, Swampscott, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,479 (100%) |
| Owner Occupied HU | 4,642 (71.6%) |
| Renter Occupied HU | 1,533 (23.7%) |
| Vacant Housing Units | 304 ( 4.7%) |
| Median Home Value | $789,972 |
| Average Home Value | $855,233 |
Housing Distribution
Address Breakdown
Residential
6,287
Single Family
4,918
Multi-Family
1,369
Businesses
349
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Listed by: Sue Palomba • Mango Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73438288