2 Shore StNewburyportMA01950
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 2 Shore St, Newburyport, MA, 01950 in Newburyport at $1,395,000, 3.41% gross yield, is a market-growth asset. Rental yield 3.41%. The $3,961/mo rent partially funds the $6,273/mo debt service; the core return is the 5%/yr price growth projected to add $385,413 over five years. Ziffy Mortgage's DSCR mortgage (0.63) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $218,754.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.4% | 6.0% |
| Monthly Cash Flow | $(4,831) | $350 |
City averages based on Newburyport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,961 |
| Total Monthly Debt Service | $8,237 |
| DSCR Ratio | 0.48x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1949
4,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01950, Newburyport, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,760 (100%) |
| Owner Occupied HU | 6,027 (68.8%) |
| Renter Occupied HU | 2,087 (23.8%) |
| Vacant Housing Units | 646 ( 7.4%) |
| Median Home Value | $877,535 |
| Average Home Value | $942,557 |
Housing Distribution
Address Breakdown
Residential
8,654
Single Family
7,256
Multi-Family
1,398
Businesses
1,272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1949
4,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01950, Newburyport, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,760 (100%) |
| Owner Occupied HU | 6,027 (68.8%) |
| Renter Occupied HU | 2,087 (23.8%) |
| Vacant Housing Units | 646 ( 7.4%) |
| Median Home Value | $877,535 |
| Average Home Value | $942,557 |
Housing Distribution
Address Breakdown
Residential
8,654
Single Family
7,256
Multi-Family
1,398
Businesses
1,272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eve Katz • Diamond Key Real Estate
Mls Name: MLS PIN
Mls ID: #73400053