16 Jewett RdBeverlyMA01915
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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 Beverly at 16 Jewett Rd, Beverly, MA, 01915 listed at $739,000 pairs $5,077/mo rent with a $3,617/mo payment to leave $419/mo cash flow. Total monthly income runs $5,077/mo, and annual cash flow reaches $5,031/yr on $243,131 cash to close. Return on cash invested measures 22.13% in year one, and rental yield registers 8.24% at a $739,000 basis. Equity gained on principal adds $4,769/yr, and annual property appreciation at 5% supports $204,172 by year five. Five-year ROI tracks 114.88% and total cumulative return in cash totals $279,308. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,077/mo property income relative to a $3,617/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01915, Beverly, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,093 (100%) |
| Owner Occupied HU | 10,212 (56.4%) |
| Renter Occupied HU | 7,010 (38.7%) |
| Vacant Housing Units | 871 ( 4.8%) |
| Median Home Value | $694,591 |
| Average Home Value | $776,231 |
Housing Distribution
Address Breakdown
Residential
17,058
Single Family
12,652
Multi-Family
4,406
Businesses
2,001
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Listed by: Betsy Woods • Leading Edge Real Estate
Mls Name: MLS PIN
Mls ID: #73473746