13 Taylor Cove Dr #13AndoverMA01810
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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 Andover at 13 Taylor Cove Dr #13, Andover, MA, 01810 offers a 3.6% rental yield on a $1,099,999 purchase with $3,300/mo rent. 14% in year one. Equity gained on principal adds $7,098/yr while 5% annual appreciation supports $303,909 over five years. Portfolio math shows five-year ROI at 39.77% and total cumulative return in cash at $141,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,300/mo property income against a $5,384/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01810, Andover, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,644 (100%) |
| Owner Occupied HU | 9,997 (73.3%) |
| Renter Occupied HU | 3,092 (22.7%) |
| Vacant Housing Units | 555 ( 4.1%) |
| Median Home Value | $878,571 |
| Average Home Value | $935,095 |
Housing Distribution
Address Breakdown
Residential
13,520
Single Family
10,438
Multi-Family
3,082
Businesses
1,365
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Listed by: Elizabeth Rodriguez • Keller Williams Realty-Merrimack
Mls Name: MLS PIN
Mls ID: #73411338