98 Paradise RdSwampscottMA01907
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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 Swampscott at 98 Paradise Rd, Swampscott, MA, 01907 earns from $3,754/mo rent with a $4,870/mo payment. Total monthly income totals $3,754/mo. ROI tracks 10.83% on current figures, and rental yield reads 4.53% at a $995,000 purchase. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 over five years. Five-year ROI reaches 54.28% and total cumulative return in cash sums $177,690. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,754/mo property income instead of your personal income.
Multi Family
Built in 1900
5,602 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: Andrew Giller • The Agency Marblehead
Mls Name: MLS PIN
Mls ID: #73458650