15 Forest St #B, Haverhill, MA, 01832 | 5.44% Rental Yield

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15 Forest St #B, Haverhill, MA, 01832 | 5.44% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Haverhill at 15 Forest St #B, Haverhill, MA, 01832 offers a 5.44% rental yield on a $529,000 purchase with $2,400/mo rent. 62% in year one. Equity gained on principal adds $3,414/yr while 5% annual appreciation supports $146,153 over five years. Portfolio math shows five-year ROI at 69.23% and total cumulative return in cash at $120,485. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $2,589/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1989

N/A lot

$N/A/sqft

No HOA

More details about the property

NO CONDO FEE! This pristine 3-bedroom, 1.5-bath Condex offers over 1,900 sq. ft. of living space and lives like a single-family home. Step inside to a spacious foyer with new flooring that flows into a large dining area and bright eat-in kitchen with sliders leading to your private Trex deck and fully fenced backyard, perfect for relaxing or entertaining. The first floor also features a generously sized living room, a convenient laundry, and half bath. Upstairs, youll find an enormous primary bedroom with three closets, along with two additional oversized bedrooms and a full bath. A full basement provides ample storage or the option to finish for even more space. Central air adds comfort year-round. With no condo fee, plenty of living space, privacy, and a location close to highways, shopping, and amenities, this is a must-see home offering both convenience and value!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01832, Haverhill, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,446 (100%)
Owner Occupied HU	5,792 (55.4%)
Renter Occupied HU	4,233 (40.5%)
Vacant Housing Units	421 ( 4.0%)
Median Home Value	$540,930
Average Home Value	$583,659