846 Broadway UNIT 23SaugusMA01906
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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 846 Broadway UNIT 23, Saugus, MA, 01906 earns $212/mo cash flow from $1,283/mo rent with a $832/mo payment. Total monthly income totals $1,283/mo, and annual cash flow totals $2,541/yr on $56,322 capital. ROI tracks 24.42% on current figures, and rental yield reads 9.06% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 127.18% and total cumulative return in cash sums $71,630. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,283/mo property income instead of your personal income.
Manufactured
Built in 1966
N/A lot
$N/A/sqft
No 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: Peter Manoogian • Mango Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73404204