12 Fosters PointBeverlyMA01915
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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 Beverly at 12 Fosters Point, Beverly, MA, 01915 at $950,000 posts ROI 15.23% with from $4,729/mo rent. Total monthly income equals $4,729/mo. Return on cash invested measures 15.23% and rental yield reads 5.97% at the current $950,000. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 by year five. Five-year ROI prints 77.86% and total cumulative return in cash totals $243,362. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,729/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
3,576 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01915, Beverly, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,093 (100%) |
| Owner Occupied HU | 10,212 (56.4%) |
| Renter Occupied HU | 7,010 (38.7%) |
| Vacant Housing Units | 871 ( 4.8%) |
| Median Home Value | $694,591 |
| Average Home Value | $776,231 |
Housing Distribution
Address Breakdown
Residential
17,058
Single Family
12,652
Multi-Family
4,406
Businesses
2,001
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Listed by: John Farrell • Coldwell Banker Realty - Beverly
Mls Name: MLS PIN
Mls ID: #73424755