12 Salem St #2HaverhillMA01835
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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 Haverhill at 12 Salem St #2, Haverhill, MA, 01835 offers $4,697/mo rent that, after a $2,834/mo payment, leaves $1,048/mo cash flow. Total monthly income is $4,697/mo, and annual cash flow is $12,571/yr on $190,491 cash. Return on cash invested measures 26.66% in year one, and rental yield stands at 9.73% at a $579,000 entry. Equity gained on principal adds $3,736/yr while 5% annual appreciation compounds into $159,967 by year five. Five-year ROI records 139.17% and total cumulative return in cash reaches $265,099. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,697/mo property income versus a $2,834/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: 01835, Haverhill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,073 (100%) |
| Owner Occupied HU | 4,123 (67.9%) |
| Renter Occupied HU | 1,756 (28.9%) |
| Vacant Housing Units | 194 ( 3.2%) |
| Median Home Value | $521,038 |
| Average Home Value | $546,496 |
Housing Distribution
Address Breakdown
Residential
5,830
Single Family
5,129
Multi-Family
701
Businesses
442
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Listed by: Will Olsen • Coldwell Banker Realty - Haverhill
Mls Name: MLS PIN
Mls ID: #73443479