15 Sparhawk St #3, Amesbury, MA, 01913 | 6.48% Rental Yield

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15 Sparhawk St #3, Amesbury, MA, 01913 | 6.48% 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 Amesbury at 15 Sparhawk St #3, Amesbury, MA, 01913 with 5% annual appreciation on a $629,900 basis while $3,400/mo rent supports operations. 76% in year one. Equity gained on principal adds $4,065/yr, and five-year appreciation sums $174,030 alongside rental yield of 6.48%. Five-year ROI measures 86.07% and total cumulative return in cash totals $178,359. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,400/mo property income versus a $3,083/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1900

N/A lot

$N/A/sqft

No HOA

More details about the property

Experience unmatched luxury in this stylish designer-decorated residence at 15 Sparhawk St. Formerly a convent, this property was converted to condominiums in 2022 in Amesbury's most admired location. This bright and spacious 2 bedroom, 1.5 bathroom home combines classic character with thoughtful modern updates including a custom built electric fireplace, stunning designer lighting and Hunter-Douglas window treatments. The spacious interior boast soaring 10 ft ceilings and oversized Marvin windows enhancing the homes airy and open feel. The kitchen is a stand-out with quartz counters, stainless appliances, & generous cabinet space, opening to a sun-filled living area perfect for both relaxing and entertaining. The primary bedroom features an en-suite bath & ample storage while the 2nd bedroom provides flexibility for guests or a home office. Enjoy the convenience of 2 dedicated parking spaces, private storage and a shared outdoor patio, all within walking distance to downtown Amesbury

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