15 Cedar St UNIT 36AmesburyMA01913
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
Investment property for sale in Amesbury at 15 Cedar St UNIT 36, Amesbury, MA, 01913 offers a 8.12% rental yield on a $345,000 purchase with $2,334/mo rent. 47% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 81.39% and total cumulative return in cash at $93,088. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,334/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1900
N/A lot
$N/A/sqft
$446 monthly 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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