9 Spencer 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 Spencer Ave, Saugus, MA, 01906 with 5% annual appreciation on a $739,900 basis while $4,057/mo rent supports operations. 07% in year one. Equity gained on principal adds $4,774/yr, and five-year appreciation sums $204,421 alongside rental yield of 6.58%. Five-year ROI measures 87.74% and total cumulative return in cash totals $213,591. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,057/mo property income versus a $3,621/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
7,501 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: Richard Powers • Toner Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73442880