12 School St APT 2AmesburyMA01913
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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 Amesbury at 12 School St APT 2, Amesbury, MA, 01913 uses $114,368 cash to close to unlock $1,405/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $2,292/mo, and a $1,689/mo payment keeps the spread at $117/mo. Purchase price stands at $345,000, and rental yield measures 7.97% with $2,292/mo rent. Return on cash invested shows 21.14% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 109.61% and total cumulative return in cash records $125,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,292/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Condo
Built in 1860
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01913, Amesbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,975 (100%) |
| Owner Occupied HU | 4,951 (62.1%) |
| Renter Occupied HU | 2,624 (32.9%) |
| Vacant Housing Units | 400 ( 5.0%) |
| Median Home Value | $610,743 |
| Average Home Value | $624,680 |
Housing Distribution
Address Breakdown
Residential
7,571
Single Family
5,844
Multi-Family
1,727
Businesses
692
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Listed by: Krissy Ventura • RE/MAX Bentley's
Mls Name: MLS PIN
Mls ID: #73466659