12 Steed AveWest NewburyMA01985
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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 West Newbury at 12 Steed Ave, West Newbury, MA, 01985 priced at $1,399,999 converts $3,864/mo rent into after a $6,852/mo obligation. Total monthly income equals $3,864/mo. Return on cash invested prints 7.25% in year one, and rental yield reads 3.31% against a $1,399,999 entry. Equity gained on principal adds $9,034/yr, while 5% annual appreciation compiles into $386,794 by year five. Five-year ROI reaches 35.01% and total cumulative return in cash sums $158,803. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,864/mo property income covering a $6,852/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01985, West Newbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,735 (100%) |
| Owner Occupied HU | 1,550 (89.3%) |
| Renter Occupied HU | 123 ( 7.1%) |
| Vacant Housing Units | 62 ( 3.6%) |
| Median Home Value | $848,435 |
| Average Home Value | $873,390 |
Housing Distribution
Address Breakdown
Residential
1,624
Single Family
1,610
Multi-Family
14
Businesses
88
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Listed by: Maritza MacLeod • Churchill Properties
Mls Name: MLS PIN
Mls ID: #73456037