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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Amesbury at 2 Locke Hill Ln, Amesbury, MA, 01913 earns $365/mo cash flow from $6,353/mo rent with a $4,650/mo payment. Total monthly income totals $6,353/mo, and annual cash flow totals $4,381/yr on $312,550 capital. ROI tracks 21.46% on current figures, and rental yield reads 8.02% at a $950,000 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 over five years. Five-year ROI reaches 111.29% and total cumulative return in cash sums $347,846. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,353/mo property income instead of your personal income.
Single Family
Built in 2016
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01913, Amesbury, MA area.
| 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 |
Residential
7,571
Single Family
5,844
Multi-Family
1,727
Businesses
692
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cathy Toomey • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73436784
