13 Phillips Ave, Rockport, MA, 01966 | ROI: 4.51%

For Sale

Ziffy Mortgage

NMLS #2625701

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60 Phillips Ave, Rockport, MA, 01966

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

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Investment Highlights

Investment property for sale in Rockport at 13 Phillips Ave, Rockport, MA, 01966 projects strong ROI of 4.51%. Rental yield 2.43%. With 5% annual appreciation, the property builds $882,720 in value over five years. Equity growth combined delivers a projected five-year ROI of 20.34%, translating into $210,573 in total cumulative return on $1,035,180 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Single Family

Built in 1981

0.77 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01966, Rockport, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,384 (100%)
Owner Occupied HU	2,363 (53.9%)
Renter Occupied HU	967 (22.1%)
Vacant Housing Units	1,054 (24.0%)
Median Home Value	$764,205
Average Home Value	$880,041