116 Locust StHaverhillMA01830
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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 Haverhill at 116 Locust St, Haverhill, MA, 01830 earns $750/mo cash flow from $3,524/mo rent with a $2,154/mo payment. Total monthly income totals $3,524/mo, and annual cash flow totals $9,004/yr on $145,860 capital. ROI tracks 26.08% on current figures, and rental yield reads 9.61% at a $440,000 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 over five years. Five-year ROI reaches 136.11% and total cumulative return in cash sums $198,526. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,524/mo property income instead of your personal income.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01830, Haverhill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,848 (100%) |
| Owner Occupied HU | 6,226 (52.5%) |
| Renter Occupied HU | 5,023 (42.4%) |
| Vacant Housing Units | 599 ( 5.1%) |
| Median Home Value | $519,644 |
| Average Home Value | $590,817 |
Housing Distribution
Address Breakdown
Residential
10,929
Single Family
8,499
Multi-Family
2,430
Businesses
669
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Listed by: Peter Costa • Spencer Home Realty
Mls Name: MLS PIN
Mls ID: #73412613