1 Hillside Ave APT 3AmesburyMA01913
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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
Rental property for sale in Amesbury at 1 Hillside Ave APT 3, Amesbury, MA, 01913 offers $3,139/mo rent that, after a $2,007/mo payment, leaves $555/mo cash flow. Total monthly income is $3,139/mo, and annual cash flow is $6,655/yr on $135,915 cash. Return on cash invested measures 24.81% in year one, and rental yield stands at 9.19% at a $410,000 entry. Equity gained on principal adds $2,646/yr while 5% annual appreciation compounds into $113,275 by year five. Five-year ROI records 129.26% and total cumulative return in cash reaches $175,679. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,139/mo property income versus a $2,007/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01913, Amesbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,975 (100%) |
| Owner Occupied HU | 4,951 (62.1%) |
| Renter Occupied HU | 2,624 (32.9%) |
| Vacant Housing Units | 400 ( 5.0%) |
| Median Home Value | $610,743 |
| Average Home Value | $624,680 |
Housing Distribution
Address Breakdown
Residential
7,571
Single Family
5,844
Multi-Family
1,727
Businesses
692
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Listed by: Tzortzis Lane Group • Coldwell Banker Realty - Ipswich
Mls Name: MLS PIN
Mls ID: #73465649