19 Washington St APT 2, Haverhill, MA, 01832 | $676/mo Cash Flow

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19 Washington St APT 2, Haverhill, MA, 01832 | $676/mo Cash Flow | Ziffy

For Sale

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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 19 Washington St APT 2, Haverhill, MA, 01832 offers a 11.09% rental yield on a $229,900 purchase with $2,125/mo rent. Total monthly income registers $2,125/mo, and a $1,125/mo payment leaves $676/mo available for distribution. Annual cash flow reaches $8,115/yr on $76,212 to close, and return on cash invested stands at 30.56% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 160.12% and total cumulative return in cash at $122,027. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,125/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1900

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Pentucket Condos in the heart of downtown Haverhill! BOM due to buyer's financing. This updated and freshly painted one-bedroom unit features high ceilings, oversized windows with city views, and luxury vinyl plank flooring throughout. The galley kitchen includes a range, dishwasher, and refrigerator, plus an in-unit washer/dryer combo for convenience. Additional storage unit in the basement. Enjoy a move-in ready home just steps to restaurants, shops, public transportation, and all that revitalized downtown Haverhill has to offer.

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