11 Gould Rd, Andover, MA, 01810 | $1,665/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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11 Gould Rd, Andover, MA, 01810 | $1,665/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Andover at 11 Gould Rd, Andover, MA, 01810 offers $6,701/mo rent that, after a $3,911/mo payment, leaves $1,665/mo cash flow. Total monthly income is $6,701/mo, and annual cash flow is $19,977/yr on $262,871 cash. Return on cash invested measures 27.66% in year one, and rental yield stands at 10.06% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 144.52% and total cumulative return in cash reaches $379,914. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,701/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1958

1.29 Acres lot

$N/A/sqft

No HOA

More details about the property

CHARMING UPDATED ANDOVER RANCH NESTLED ON A BEAUTIFUL 1.29-ACRE LOT! This 4-bedroom, 3-bath home offers comfort, space, and a flexible layout perfect for todays lifestyle. The inviting main level features hardwood flooring throughout, a fireplaced living room with crown molding, and a bright dining area that flows into the spacious kitchen with granite countertops, breakfast nook, and sliders to a private deckideal for relaxing or entertaining. The main level also includes three bedrooms and two full baths, including a main bath with tiled shower. The finished walkout, lower level provides even more living space with a large family room, second fireplace, additional bedroom, full bath, and laundryperfect for guests or a home office. Conveniently located near Phillips Academy and The Pike School, with easy access to major commuter routes and downtown Andover. DONT MISS THIS WONDERFUL OPPORTUNITY TO LIVE IN A GREAT ANDOVER NEIGHBORHOOD IN A MOVE-IN READY HOME!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01810, Andover, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,644 (100%)
Owner Occupied HU	9,997 (73.3%)
Renter Occupied HU	3,092 (22.7%)
Vacant Housing Units	555 ( 4.1%)
Median Home Value	$878,571
Average Home Value	$935,095