9 Oakwood AveSaugusMA01906
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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 9 Oakwood Ave, Saugus, MA, 01906 uses $197,400 cash to close to unlock $8,328/yr annual cash flow and $694/mo monthly cash flow. Total monthly income runs $4,476/mo, and a $2,937/mo payment keeps the spread at $694/mo. Purchase price stands at $599,999, and rental yield measures 8.95% with $4,476/mo rent. Return on cash invested shows 24.28% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 126.39% and total cumulative return in cash records $249,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,476/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 1910
5,227 sqft 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: Toni DeSimone • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73449402