153 Broadway APT 7HaverhillMA01832
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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 153 Broadway APT 7, Haverhill, MA, 01832 uses $82,842 cash to close to unlock $9,961/yr annual cash flow and $830/mo monthly cash flow. Total monthly income runs $2,405/mo, and a $1,223/mo payment keeps the spread at $830/mo. Purchase price stands at $249,900, and rental yield measures 11.55% with $2,405/mo rent. Return on cash invested shows 31.93% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 167.51% and total cumulative return in cash records $138,770. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,405/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,959
Single Family
8,188
Multi-Family
1,771
Businesses
420
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Listed by: The Rogers / Melo Team • LAER Realty Partners
Mls Name: MLS PIN
Mls ID: #73466521