15 Iris Way #27HaverhillMA01830
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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 Haverhill at 15 Iris Way #27, Haverhill, MA, 01830 uses $155,109 cash to close to unlock $6,888/yr annual cash flow and $574/mo monthly cash flow. Total monthly income runs $3,523/mo, and a $2,290/mo payment keeps the spread at $574/mo. Purchase price stands at $467,900, and rental yield measures 9.04% with $3,523/mo rent. Return on cash invested shows 24.35% in year one, and 5% annual appreciation builds toward $129,272 over five years. Five-year ROI reaches 126.83% and total cumulative return in cash records $196,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,523/mo property income covering a $2,290/mo payment rather than investor’s personal income.
Townhouse
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01830, Haverhill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,848 (100%) |
| Owner Occupied HU | 6,226 (52.5%) |
| Renter Occupied HU | 5,023 (42.4%) |
| Vacant Housing Units | 599 ( 5.1%) |
| Median Home Value | $519,644 |
| Average Home Value | $590,817 |
Housing Distribution
Address Breakdown
Residential
10,929
Single Family
8,499
Multi-Family
2,430
Businesses
669
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Listed by: Diane Itasaka • Amy Spring Realty LLC
Mls Name: MLS PIN
Mls ID: #73369173