Condo Investment Properties for Sale in Beverly, MA

Investing in condo properties in Beverly, MA offers a strategic opportunity in a city known for its steady real estate appreciation and a strong renter base. The local market features an average ROI of 6.5%, with rental yields around 7%, driven by demand from young professionals and students. Beverly's cap rate stands at approximately 5.5%, ensuring balanced returns. Average cash flow from rental condos is positive, supported by an average monthly rent of $2,100. Appreciation rates near 3% annually reflect Beverly's growing desirability as a residential location.