11 Washington St #11, Ipswich, MA, 01938 | 3.42% Rental Yield

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Price: $300K - 500K

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11 Washington St #11, Ipswich, MA, 01938 | 3.42% Rental Yield | 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 Ipswich at 11 Washington St #11, Ipswich, MA, 01938 priced at $1,200,000 pairs $3,420/mo rent with after a $5,873/mo payment. Total monthly income equals $3,420/mo. Return on cash invested is 7.58% in year one, and rental yield stands at 3.42% on a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 36.8% and total cumulative return in cash reaches $143,063. For financing, Ziffy Mortgage’s DSCR program evaluates $3,420/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Luxury Townhome in the heart of Ipswich. This new construction townhouse boasts 2669 square feet of living space, the largest of the 13 townhomes in Wash Station Village. Each home is unique and can be customized to fit your lifestyle.This floorplan is an entertainers dream. The open concept living space offers a chefs kitchen offers a wine bar and a center island overlooking the dining area and living room with gas fireplace. This home offers 3 bedrooms, 3.5 baths and a 2 car attached garage.With four levels of living space, there is plenty of room for the entire household to find some private space. The roof top deck is a fabulous addition for private outdoor space.Quality construction and low HOA make this a must see developement.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01938, Ipswich, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,602 (100%)
Owner Occupied HU	4,449 (67.4%)
Renter Occupied HU	1,664 (25.2%)
Vacant Housing Units	489 ( 7.4%)
Median Home Value	$847,148
Average Home Value	$923,822