135 A&b Main StRockportMA01966
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rockport at 135 A&b Main St, Rockport, MA, 01966 generates $3,570/mo in rent, after a $3,793/mo payment. Total monthly income is $3,570/mo. Return on cash invested sits at 13.87% in year one, and rental yield is 5.53% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 70.6% and total cumulative return in cash sums $180,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,570/mo property income rather than buyer’s personal income.
Multi Family
Built in 1866
0.69 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 |
Housing Distribution
Address Breakdown
Residential
3,770
Single Family
3,582
Multi-Family
188
Businesses
348
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ron Goulart & Jennifer Anderson • RE/MAX Beacon
Mls Name: MLS PIN
Mls ID: #73418178